discountable

adjective

dis·​count·​able di-ˈskau̇n-tə-bəl 

ˈdi-ˌskau̇n-

1

: set apart for discounting

within the discountable period

2

: subject to being discounted

a discountable note

Word History

First Known Use

1771, in the meaning defined at sense 1

Legal Definition

discountable

adjective

dis·​count·​able dis-ˈkau̇n-tə-bəl 

1

: set apart for discounting

within the discountable period

2

: subject to being discounted

a discountable note