over·​dis·​count | \ ˌō-vər-ˈdi-ˌskau̇nt How to pronounce overdiscount (audio) , -di-ˈskau̇nt \
overdiscounted; overdiscounting

Definition of overdiscount

1 transitive + intransitive : to discount (something) too much : to reduce (something) too much in price or value The retailer is overdiscounting its merchandise/prices. … lack of knowledge caused the general marketplace to overdiscount its nonperformers …— Sanford Rose … market participants may overdiscount for the effects of uncertainty …— Edmund L. Jenkins
2 transitive : to give too little weight or consideration to (something) … we overdiscount the power of social media over our lives.— Brady Dale Both are examples of the human tendency to overdiscount future events. In both impatience and procrastination, we overweight the immediate.— Frank Partnoy As Professor [Samuel] Issacharoff notes, lawyers "may tend to overdiscount the likelihood of eventual punishment, thus undermining the deterrent function of the prescribed penalty."— Michelle M. Kwon

First Known Use of overdiscount

1900, in the meaning defined at sense 2

Keep scrolling for more

Learn More about overdiscount

Time Traveler for overdiscount

Time Traveler

The first known use of overdiscount was in 1900

See more words from the same year

Statistics for overdiscount

Cite this Entry

“Overdiscount.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overdiscount. Accessed 8 Mar. 2021.

Style: MLA
MLA Chicago APA Merriam-Webster

Comments on overdiscount

What made you want to look up overdiscount? Please tell us where you read or heard it (including the quote, if possible).


Test Your Vocabulary

Who Knew?

How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

Universal Daily Crossword

A daily challenge for crossword fanatics.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!