n.
/
ˈdɪskaʊnt/
a deduction from the usual cost of something.
▸Finance a percentage deducted from the face value of a bill of exchange or promissory note when it changes hands before the due date.
v.
/
dɪsˈkaʊnt/
- deduct a discount from.
▸reduce (a product or service) in price.
▸Finance buy or sell (a bill of exchange) before its due date at less than its maturity value.
- disregard as lacking credibility or significance.
Derivative
- discountable
/dɪsˈkaʊntəb(ə)l/
adj. - discounter
/dɪsˈkaʊntə/
n.
Etymology
C17: from obs. Fr. descompte (n.), descompter (v.), or (in commercial contexts) from Ital. (di)scontare, based on L. dis- (expressing reversal) + computare (see compute).