discountable

adjective
dis·count·able | \ dis-ˈkau̇n-tə-bəl , ˈdis-ˌ \

Definition of discountable 

1 : set apart for discounting within the discountable period

2 : subject to being discounted a discountable note

First Known Use of discountable

1771, in the meaning defined at sense 1

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The first known use of discountable was in 1771

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discountable

adjective
dis·count·able | \ dis-ˈkau̇n-tə-bəl \

Legal Definition of discountable 

1 : set apart for discounting within the discountable period

2 : subject to being discounted a discountable note

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