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discount

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discount

Main Entry:: ¹dis·count
Pronunciation:: \ˈdis-ˌkau̇nt\
Function:: noun
Date:: 1622

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 discounting3: a deduction taken or allowance made

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