Meaning of DISCOUNT in English

DISCOUNT

I. ˈdiˌskau̇nt noun

( -s )

Etymology: modification (influenced by dis- (I) & count ) (I) of French décompte, from Old French descont, from desconter

1. : an abatement or reduction made from the gross amount or value of anything: as

a.

(1) : a reduction from a price made to a specific customer or class of customers — see trade discount

(2) : a proportionate deduction from an account as debt usually made for cash or prompt payment — see cash discount

b. : a deduction made for interest in advancing money upon or purchasing a bill or note not due : payment in advance of interest upon money

2. : the rate of interest charged in discounting

3. : the act or an instance of discounting

to employ bank funds in the discount of bills of exchange

4. : a deduction in billiards of one point from the score of one player for every point made by his opponent

5. : a deduction taken or allowance made (as for the specious element in a story or something that qualifies the truth of an assertion)

we may … have to make very heavy discount , or even sometimes to reject our author's conclusions altogether — G.G.Coulton

after all the discounts are taken, timeliness remains a chief quality of good reporting — F.L.Mott

also : an objectionable feature : drawback , hindrance

he does … mention smells and some other discounts to a pleasant day — Times Literary Supplement

- at a discount

II. “ also də̇ˈs- verb

( -ed/-ing/-s )

Etymology: modification of French décompter, from Old French desconter, from Medieval Latin discomputare, from Latin dis- dis- (I) + computare to reckon, compute — more at count

transitive verb

1.

a. : to deduct especially from an account, debt, or charge : make an abatement of

discount a bill for early payment

b. : to offer for sale at a discount : sell at a discount

dealers were heavily discounting last year's unsold models

2. : to lend money upon, deducting the discount or allowance for interest

banks discount negotiable paper

3.

a. : to leave out of account : disregard , omit

the influence of Hawaii on the American house is minute, discounting the spectacle … of flapping shirttails printed with gaudy flora — T.H.Robsjohn-Gibbings

b. : to make a deduction in evaluating the significance or worth of : view as unimportant : minimize , disparage , depreciate , underrate

discounting his offense as a pardonable action under the circumstances

his mature judgment and long experience were discounted by his juniors

never discount the fellow's cunning and ingenuity

: diminish , lessen

the value of his criticism was discounted by his ignorance of the subject

c.

(1) : to make a deduction in evaluating the truth or validity of : make allowance (as for bias or exaggeration) in

he discounted seventy-five percent of all stable gossip — Gerald Beaumont

discount some of the more enthusiastic claims made for the new drug

(2) : to view with doubt or skepticism : disbelieve

I discount the story that the brave bull gored Miss McCormick … because … she was an author — C.V.Little

d. : to anticipate or take into account (as a future event) in present calculations or planning

mail came chiefly from those organized groups whose opposition had already been discounted — Time

businessmen had already discounted the inflationary effects of the price increase

4. : to give a discount to in billiards

intransitive verb

1. : to lend or make a practice of lending money, abating the discount

banks discount for 60 or 90 days

2. : to make allowance

discounting for Richard's modesty — S.E.Hyman

III. adjective

Etymology: discount , noun

1.

a. : selling goods or services at a discount

discount stores

a discount broker

discount airlines

b. : offered or sold at a discount

2. : reflecting a discount

discount prices

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.