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

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

Related to DISCOUNT

Synonyms: abatement, deduction, reduction

Antonyms: accession, addition

Related Words: giveback, kickback, rebate; dent, depreciation; decline, decrement, diminishment, diminution, drop, fall, loss; forfeit, forfeiture, penalty

Near Antonyms: accretion, accrual, augmentation, boost, gain, increase, increment, raise, rise; appreciation

[+]more[-]hide

Other Economics Terms

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

Rhymes with DISCOUNT

account, amount, blood count, demount, dismount, high-count, point count, recount, remount, seamount, surmount, viscount