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Definition of Discountable
1. a. Capable of being, or suitable to be, discounted; as, certain forms are necessary to render notes discountable at a bank.
Definition of Discountable
1. Adjective. That can be discounted (in all senses) ¹
¹ Source: wiktionary.com
Definition of Discountable
1. [adj]
Lexicographical Neighbors of Discountable
Literary usage of Discountable
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Select Collection of Scarce and Valuable Tracts and Other Publications, on by John Ramsay McCulloch (1857)
"Of Bills and Notes, considered as discountable Articles.— Of fictitious Bills,
or Bills of Accommodation. SOCIETY, in its rudest state, carries on its trade ..."
2. An Enquiry Into the Nature and Effects of the Paper Credit of Great Britain by Henry Thornton (1802)
"CHAP. ii. Of Trade by Barter.—Of Money.—Of Bills of Exchange and Notes.—Of Bills
and Notes, considered as discountable Articles. ..."
3. Foreign Exchange by Albert Conser Whitaker (1919)
"Thus, if a banker who has purchased a non-discountable documentary payment draft
draws his own long bill as a means of recovering the cash thus laid out, ..."
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