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| dis·count [ díss kòwnt ] |
noun (plural dis·counts) |
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| Definition: |
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1. reduction in price: a reduction in the usual price of something
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2. finance banking
Same as discount rate (sense 1) (sense 2)
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3. finance interest deducted from financial instrument: the interest deducted from the face value of a financial instrument or promissory note before a sale or loan is completed
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4. stock exchange deduction from par value of stock: the amount by which the par value of stock exceeds the market price actually paid by purchasers
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verb (past and past participle dis·count·ed, present participle dis·count·ing, 3rd person present singular dis·counts) |
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| Definition: |
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1. transitive verb reduce price of something: to offer something for sale at less than the usual price
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2. transitive verb finance trade investment at reduced price: to buy or sell a financial instrument at a reduced price that is calculated according to the interest rate and risk on the investment
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3. transitive and intransitive verb finance make secured loan at reduced rate: to lend money on a negotiable long-term financial instrument at a reduced price that is calculated according to the instrument's risk and the interest due before its maturity
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4. transitive verb dismiss something as untrue or trivial: to decide that something can be disregarded as unimportant, irrelevant, or untrue
  We had already discounted the theory that they were involved.
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5. transitive verb anticipate something and allow for it: to foresee something and make adjustments to lessen or absorb its impact
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adjective |
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| Definition: |
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with reduced price: for sale at less than the usual price, or selling goods for less than the usual price
a discount warehouse
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| [Early 17th century. < French descompte (noun) and Italian discontare (verb) < medieval Latin discomputare, literally "count away" < Latin computare "reckon together"] |
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