Definition of discount
1 : a reduction made from the gross (see 1gross 3b) amount or value of something: such asa (1) : a reduction made from a regular or list price offering customers a ten percent discount buy tickets at a discount (2) : a proportionate deduction from a debt account usually made for cash or prompt paymentb : a deduction made for interest in advancing money upon or purchasing a bill or note not due
2 : the act or practice of discounting (see 2discount)
3 : a deduction taken or allowance made … we may … have to make very heavy discount, or even sometimes to reject our author's conclusions altogether. — G. G. Coulton
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Examples of discount in a Sentence
The store offers a two percent discount when customers pay in cash.
a discount of 20% from the original price
Origin and Etymology of discount
see 2discount
First Known Use: 1622
Other Economics Terms
Definition of discount
transitive verb
1a : to make a deduction (see deduction 1a) from usually for cash or prompt payment a discounted priceb : to sell or offer for sale at a discount (see 1discount 1) discounting last year's model
2 : to lend money on after deducting the discount
3a : to leave out of account or consideration : disregard discount the possiblilty that the situation may worsen its effect cannot be entirely discountedb : to minimize the importance of shouldn't discount his contributionsc (1) : to make allowance (see 1allowance 5) for bias or exaggeration in discount most of their claims (2) : to view with doubt discount a rumord : to anticipate or take into account (something, such as a future event) in present calculations or planning … mail came chiefly from those organized groups whose opposition had already been discounted … — Time
intransitive verb
: to give or make discounts (see 1discount) stores planning to discount after the holidays
Examples of discount in a Sentence
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 and Etymology 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: 1621
Definition of discount
1a : selling goods or services for less than their regular or list price : selling goods or services at a discount (see 1discount 1a(1)) discount stores a discount broker discount airlinesb : offered or sold at a discount discount tickets
2 : reflecting a discount discount prices
Origin and Etymology of discount
see 2discount
First Known Use: 1854
Other Economics Terms
DISCOUNT Defined for English Language Learners
discount
playDefinition of discount for English Language Learners
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: an amount taken off a regular price : a price reduction
discount
playDefinition of discount for English Language Learners
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: to lower the amount of (a bill, price, etc.)
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: to lower the price of (a product)
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: to think of (something) as having little importance or value
discount
playDefinition of discount for English Language Learners
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: selling goods or services at reduced prices
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: offered or sold at a reduced price
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: cheaper than usual
DISCOUNT Defined for Kids
Definition of discount for Students
: an amount taken off a regular price
Definition of discount for Students
discounted
;discounting
1 : to lower the amount of a bill, debt, or price
2 : to think of as not important or serious Don't discount her idea.
Law Dictionary
Legal Definition of discount
: a reduction made from the gross amount or value of something: as a : a reduction made from a regular or list price or a proportionate deduction from a debt account usually made for prompt payment or for payment in cash b : a reduction made for interest in advancing money upon or purchasing a note not yet due c : a reduction in the price of a bond — see also discount bond at bond 2 d : the sale of securities that are issued below and redeemed at face value — compare premium 1
Legal Definition of discount
1a : to make a deduction from usually for cash or prompt payment b : to sell or offer at a lowered price
2 : to lend money on after deducting a discount banks discount negotiable instruments
3 : to take into account (a future event or prospect) in making present calculations
intransitive verb
: to give or make discounts
Legal Definition of discount
1a : selling goods or services at a discount a discount broker b : offered or sold at a discount discount securities
2 : reflecting a discount the discount price
Learn More about discount
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See words that rhyme with discount Thesaurus: All synonyms and antonyms for discount Spanish Central: Translation of discount Nglish: Translation of discount for Spanish speakers Britannica English: Translation of discount for Arabic speakers
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