discount

14 ENTRIES FOUND:

1dis·count

noun \ˈdis-ˌkant\

: an amount taken off a regular price : a price reduction

Full Definition of DISCOUNT

1
:  a reduction made from the gross amount or value of something: as
a (1) :  a reduction made from a regular or list price
(2) :  a proportionate deduction from a debt account usually made for cash or prompt payment
b :  a deduction made for interest in advancing money upon or purchasing a bill or note not due
2
:  the act or practice of discounting
3
:  a deduction taken or allowance made

Examples of DISCOUNT

  1. The store offers a two percent discount when customers pay in cash.
  2. <a discount of 20% from the original price>

First Known Use of DISCOUNT

1622

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

2dis·count

verb \ˈdis-ˌkant, dis-ˈ\

: to lower the amount of (a bill, price, etc.)

: to lower the price of (a product)

: to think of (something) as having little importance or value

Full Definition of DISCOUNT

transitive verb
1
a :  to make a deduction from usually for cash or prompt payment <a discounted price>
b :  to sell or offer for sale at a discount <discounting last year's model>
2
:  to lend money on after deducting the discount
3
a :  to leave out of account :  disregard
b :  to minimize the importance of <shouldn't discount his contributions>
c (1) :  to make allowance for bias or exaggeration in
(2) :  to view with doubt <discount a rumor>
d :  to take into account (as a future event) in present calculations
intransitive verb
:  to give or make discounts
dis·count·er \-ˌkan-tər, -ˈkan-\ noun

Examples of DISCOUNT

  1. The vacation plan included a discounted price on our hotel room.
  2. Car dealers are heavily discounting last year's unsold models.
  3. These threats cannot be entirely discounted.

Origin of DISCOUNT

modification of French décompter, from Old French desconter, from Medieval Latin discomputare, from Latin dis- + computare to count — more at count
First Known Use: 1629

3dis·count

adjective \ˈdis-ˌkant\

: selling goods or services at reduced prices

: offered or sold at a reduced price

: cheaper than usual

Full Definition of DISCOUNT

1
a :  selling goods or services at a discount <discount stores> <a discount broker> <discount airlines>
b :  offered or sold at a discount <discount tickets>
2
:  reflecting a discount <discount prices>

First Known Use of DISCOUNT

1863

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Browse

Next Word in the Dictionary: discountable
Previous Word in the Dictionary: discotheque
All Words Near: discount

Seen & Heard

What made you want to look up discount? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More