Lexic.us

Definition of Discount

1. Verb. Bar from attention or consideration. "She dismissed his advances"

2. Noun. The act of reducing the selling price of merchandise.

3. Verb. Give a reduction in price on. "I never discount these books-they sell like hot cakes"

4. Noun. Interest on an annual basis deducted in advance on a loan.

5. Noun. A refund of some fraction of the amount paid.

6. Noun. An amount or percentage deducted.

Definition of Discount

1. v. t. To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.

2. v. i. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

3. n. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.

Definition of Discount

1. Verb. To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills. ¹

2. Verb. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. ¹

3. Verb. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). ¹

4. Verb. To leave out of account; to take no notice of. ¹

5. Verb. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days. ¹

6. Noun. A reduction in price. ¹

7. Noun. A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money. ¹

8. Noun. The rate of interest charged in discounting. ¹

9. Adjective. Of goods, available at reduced prices; discounted. ¹

10. Adjective. Of a store, specializing in goods at reduced prices. ¹

¹ Source: wiktionary.com

Definition of Discount

1. to reduce the price of [v -ED, -ING, -S]

Lexicographical Neighbors of Discount

discordful discording discordous discords discorporate discorrespondent discorsioun discos discotheque discotheques

discotic discotomies discotomy discounsel discounselled discount (current term) discount business discount chain discount department store discount department stores

discount house discount rate discount rates discount store discount stores discountability discountable discounted discountenance discountenanced

Literary usage of Discount

Below you will find example usage of this term as found in modern and/or classical literature:

1. Auditing Theory and Practice by Robert Hiester Montgomery (1912)
"discount for Prepayment: There is some difference between interest received on notes receivable from customers and cash discounts allowed by creditors for ..."

2. The Scholar's Arithmetic, Or, Federal Accountant ...: The Whole in a Form by Daniel Adams (1833)
"discount. ш,^шт discount is an allowance made for the payment of any sum of money before it becomes due, and is the difference between that sum, ..."

3. Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain by Nathan Daboll, Samuel Green (1841)
"discount, IS an allowance made for the payment of any sum m money belore it ... Subtract the discount from the "iven sui::, and tfic remainder is the ..."

4. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1918)
"It Is Customary In Business to allow a special discount for prompt payment of ... This discount is indicated in the terms on the invoice or bill (§ 166). ..."

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