Pronounced /dɪskaʊnt/ for meanings 1 and 2, and /dɪskaʊnt/ for meaning 3.
( discounted)
Frequency: The word is one of the 3000 most common words in English.
1.
A discount is a reduction in the usual price of something.
They are often available at a discount...
Full-time staff get a 20 per cent discount.
N-COUNT
2.
If a shop or company discounts an amount or percentage from something that they are selling, they take the amount or percentage off the usual price.
This has forced airlines to discount fares heavily in order to spur demand...
VERB : V n
3.
If you discount an idea, fact, or theory, you consider that it is not true, not important, or not relevant.
However, traders tended to discount the rumor...
= disregard
VERB : V n