discount

Definitions

  • WordNet 3.6
    • v discount bar from attention or consideration "She dismissed his advances"
    • v discount give a reduction in price on "I never discount these books-they sell like hot cakes"
    • n discount the act of reducing the selling price of merchandise
    • n discount an amount or percentage deducted
    • n discount a refund of some fraction of the amount paid
    • n discount interest on an annual basis deducted in advance on a loan
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Webster's Revised Unabridged Dictionary
    • Discount 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.
    • Discount A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
    • Discount The rate of interest charged in discounting.
    • Discount 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.
    • Discount To leave out of account; to take no notice of. "Of the three opinions (I discount Brown's)."
    • Discount To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. "Discount only unexceptionable paper."
    • v. i Discount To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
    • Discount To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
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Century Dictionary and Cyclopedia
    • discount To reckon off or deduct in settlement; make a reduction of: as, to discount 5 per cent. for cash payment of a bill.
    • discount To leave out of account; disregard.
    • discount In finance, to purchase, or pay the amount of in cash, less a certain rate per cent., as a promissory note, bill of exchange, etc., to be collected by the discounter or purchaser at maturity: as, to discount a bill or a claim at 7 per cent. Compare negotiate.
    • discount Hence To make a deduction from; put a reduced estimate or valuation upon; make an allowance for exaggeration or excess in: as, to discount a braggart's story; to discount an improbable piece of news.
    • discount To reckon or act upon in advance; diminish by anticipation the interest, pleasure, etc., of; take for granted as going to happen: as, to discount one's future prospects; to discount the pleasure of a journey.
    • discount In billiards, to allow discount to: as, to discount an inferior player. See discount, n., 4.
    • n discount An allowance or deduction, generally of so much per cent., made for prepayment or for prompt payment of a bill or account; a sum deducted, in consideration of cash payment, from the price of a thing usually sold on credit; any deduction from the customary price, or from a sum due or to be due at a future time.
    • n discount In finance, the rate per cent. deducted from the face value of a promissory note, bill of exchange, etc., when purchasing the privilege of collecting its amount at maturity. Bank discount is simple interest paid in advance, and reckoned, not on the sum advanced in the purchase, but on the amount of the note or bill. This is the method recognized in business and in law. True discount is a technical term for the sum which would, if invested at the same rate, amount to the interest on the face value of the note or bill when due: thus, $5 is the bank discount at the rate of 5 per cent, on a bill drawn at twelve months for $100; while $4.7619 is the true discount, because that sum if invested at 5 per cent. would at the end of a year amount to $5. True discount may be found by multiplying the amount of a bill or note by the rate of discount and dividing by 100 increased by the rate; while bank discount is computed in the same manner as simple interest.
    • n discount The act of discounting: as, a note is lodged in the bank for discount; the banks have suspended discounts.
    • n discount In billiards, an allowance made by a superior to an inferior player of a deduction of one count from his string for every count made by the latter. A double discount deducts two counts for one; three discounts, three; and so on up to the grand discount, which deprives the player who discounts his opponent (gives the odds) of all prior counts whenever the latter makes a successful shot.
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Chambers's Twentieth Century Dictionary
    • n Discount dis′kownt a sum taken from the reckoning: a sum returned to the payer of an account: a deduction made for interest in advancing money on a bill
    • v.t Discount to allow discount: to advance money on, deducting discount: to put a reduced value on, as in an extravagant statement or fabulous story
    • v.i Discount to practise discounting
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Etymology

Webster's Revised Unabridged Dictionary
OF. desconter, descompter, to deduct, F. décompter, to discount; pref. des-,L. dis-,) + conter, compter,. See Count (v.)

Usage

In literature:

Your antagonist has no business to discount all you were going to remark by saying it first.
"Red Pottage" by Mary Cholmondeley
But where originality is rare, eccentricity must not be discounted.
"Painted Windows" by Harold Begbie
The poet would then insidiously suggest that by subscribing before publication he would save a discount.
"Prose Fancies" by Richard Le Gallienne
Losses caused by the flotation of stock at a discount no longer fall upon the Irish rates.
"The Framework of Home Rule" by Erskine Childers
I has hearn all dat discounted since I come into dis 'stablishment.
"Sea and Shore" by Mrs. Catharine A. Warfield
He pretended to Dan that he had free tickets or got them at a discount.
"A Hoosier Chronicle" by Meredith Nicholson
Intellectual qualities, forever at a discount, repressed development save in rarest cases.
"Women Wage-Earners" by Helen Campbell
Besides, we are not inclined to discount any credit Lowe and his friends and accomplices can derive from it.
"The Tragedy of St. Helena" by Walter Runciman
A library should secure from 25 to 35 per cent discount.
"A Library Primer" by John Cotton Dana
It was unnecessary, for he was well known, and his stories had already been discounted.
"Punch, or the London Charivari, Vol. 103, September 17, 1892" by Various
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In poetry:

Discount is counted troublesome
By my unlearned pate;
For cubic root I entertain
A strongly rooted hate.
"Mathematics" by Arthur Clement Hilton
Courage! I’d sold little Sybil ;
Certes ! yon Greek was a pagan ;
I shall get over my grief ; I shall scribble
Do some more discount with Fagan.
"Unpublished Poem I" by Adam Lindsay Gordon
I watch you with a patient satisfaction,
Well pleased to discount your predestined luck;
The float that figures in your sly transaction
Will carry back a goose, but not a duck.
"My Aviary" by Oliver Wendell Holmes
It may be with disdainful smile
You greet this comment from a stranger,
Your pleasure-paths pursuing while
A siren voice discounts the danger,
Until, some day, in sadder rhyme
You rue your mode of "passing time."
"Passer Le Temps" by Hattie Howard
How dost thou melt the stoniest hearts,
And bare the cruel knave's design;
How through thy fascinating arts
We discount Hope, O gracious wine!
And passing rich the poor man feels
As through his veins thy affluence steals.
"To A Jar Of Wine" by Eugene Field
First thing bothered and worried me, was 'long o' my daughter Kate;
Rather a han'some cre'tur', and folks all liked her gait.
Not so nice as them sham ones in yeller-covered books;
But still there wa'n't much discount on Katherine's ways an' looks.
"Out O’ The Fire" by William McKendree Carleton

In news:

Trading turkey, fixings , for discounts, long lines.
Sew News readers can receive an exclusive discount on the book Ultimate Polarfleece and The Edge Perfect Blade from Great Copy Patterns.
Bottom Dollar Food market is on track with plans to bring the discount grocery store to the vacant O'Neil Buick car lot.
Bottom Dollar Food market is expected to bring the discount grocery store to town to the empty car lot.
Apple to match iPhone discounts.
Consider asking your doctor for a discount.
Scammers are making some restaurants an offer they can't refuse: A payoff or discount, or they'll post a nasty rating on online review sites like Yelp or Angie's List.
FILE** Shoppers in New York pass signs for discounted clothing sales on more.
SAN FRANCISCO — As e-commerce companies prepare for the holiday season, their investors are in the market for some discounts of their own.
Restaurant and bar owners overwhelming voiced support for maintaining the state's so-called "Happy Hour" law that prohibits them from serving free, discounted or two-for-one alcoholic drinks at a hearing in Boston today.
Clifford added Brown lives a frugal lifestyle, taking advantage of the senior citizens discount, buying suits in three-for-one sales and flying Southwest Airlines.
Penny Pinchers Deal for Discounts.
Animal shelter joins the pack of Black Friday discounters.
Leominster's St Anna School wins $5G in Bob's Discount Furniture raffle.
C & W Discount Furniture Co. 14 days ago.
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In science:

If we discount the trivial case when the graph only consists of a single vertex, Theorem 6.10 says the following: Up to Morita equivalence, the only graphs E for which the AF core of C ∗(E ) is simple are those which have finitely many vertices and are strongly connected with period one.
Some intrinsic properties of simple graph $C^*$-algebras
Therefore the possibility εij = 0 leads to a null theory and hence should be discounted.
Translational groups as generators of gauge transformations
This procedure is known as exponential discounting.
Coarse graining and control theory model reduction
Alternatively, the system can be exponentially discounted and considered over an infinite time horizon.
Coarse graining and control theory model reduction
In this appendix we express the upper and lower bounds for the approximation of the input-output operator over a finite time horizon in terms of exponentially-discounted infinite-time-horizon Hankel singular values.
Coarse graining and control theory model reduction
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