DISCOUNT


Meaning of DISCOUNT in English

■ noun 'dɪskaʊnt a deduction from the usual cost of something.

↘ Finance a percentage deducted from the face value of a bill of exchange or promissory note when it changes hands before the due date.

■ verb dɪs'kaʊnt

1》 deduct a ~ from.

↘reduce (a product or service) in price.

↘ Finance buy or sell (a bill of exchange) before its due date at less than its maturity value.

2》 disregard as lacking credibility or significance.

Derivatives

~able dɪs'kaʊntəb(ə)l adjective

~er dɪs'kaʊntə noun

Origin

C17: from obs. Fr. descompte (n.), descompter (v.), or (in commercial contexts) from Ital. (di)scontare , based on L. dis- (expressing reversal) + computare (see compute ).

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.