discount
1dis·count
noun \ˈdis-ˌkau̇nt\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
- The store offers a two percent discount when customers pay in cash.
- <a discount of 20% from the original price>
First Known Use of DISCOUNT
1622
Other Economics Terms
Rhymes with DISCOUNT
2dis·count
verb \ˈdis-ˌkau̇nt, dis-ˈ\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 \-ˌkau̇n-tər, -ˈkau̇n-\ noun
Examples of DISCOUNT
- The vacation plan included a discounted price on our hotel room.
- Car dealers are heavily discounting last year's unsold models.
- 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
Related to DISCOUNT
3dis·count
adjective \ˈdis-ˌkau̇nt\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
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All Words Near: discount
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