discount

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discount

n. the payment of less than the full amount due on a promissory note or price for goods or services. Usually a discount is by agreement, and includes the common situation in which a holder of a long-term promissory note or material goods will sell it/them for less than face value in order to get cash now---the difference is the discount.

discount

noun abatement, allowance, amount deeucted, bargain, decessio, decrease, decrement, deductio, deduction, diminution, lower price, markdown, reduction, special price, subtraction
Associated concepts: discount a loan, discount bills, discount notes, trade discount

discount

(Disbelieve), verb be indifferent to, belittle, brush aside, decessio, deductio, depreciate, discredit, disdain, disesteem, disparage, disregard, distrust, doubt, gloss over, harbor suspicions, ignore, make light of, misprize, mistrust, pass over, pay no attention, pay no heed, pay no mind, question, slight, spurn, suspect

discount

(Minimize), verb abate, abbreviate, abridge, allay, attenuate, condense, curtail, deflate, detract, diminish, lessen, minimalize, pare, reduce, render less, scale down, shorten, underestimate, understate, undervalue

discount

(Reduce), verb abate, allow a margin, cut, decrease, deduct from, depreciate, detract, lower, lower the sale price, make allowance for, mark down, rebate, reeuce the mark-up, sell below par, slash prices, strike off, subduct, subtract, take from, take off, underprice, undersell, undervalue
See also: brokerage, deduct, deduction, depreciate, diminution, discredit, disparage, drawback, except, exclude, lessen, minimize, rebate, reduce, refund, reject

DISCOUNT, practice. A set off, or defalcation in an action. Vin. Ab. h.t. DISCOUNT, contracts. An allowance made upon prompt payment in the purchase of goods; it is also the interest allowed in advancing money upon bills of exchange, or other negotiable securities due at a future time And to discount, signifies the act of buying a bill of exchange, or promissory note for a less sum than that which upon its face, is payable.
     2. Among merchants, the term used when a bill of exchange is transferred, is, that the bill is sold, and not that it is discounted. See Poth. De l'Usure, n. 128 3 Pet. R. 40.

References in periodicals archive ?
Pacific Western's Airport Express is offering a discounted rate to attendees who purchase tickets online at www.
Though they will likely be strong sellers, Muscat noted that as they've already been discounted before Christmas, the bargains won't go up much.
com, provides CalCPA members a one-stop shop for human resource services at discounted rates.
This year, the insurer is bringing discounted access to acupuncture, massage therapy and yoga therapy to its members though a network packaged by Consensus Health Corp.
Is the discounted rate less than what the reimbursement would be under the state Medicaid program?
They discounted the sisters minority holdings, however, and tried to pay them $5.
Another way to value common stock is known as the discounted cash flow ("DCF") method.
CLEVELAND, April 5 /PRNewswire/ -- East and West side area shoppers are finding heavily discounted prices on thousands of items at 3D Deep Discount Drug stores at Hilltop Shopping Plaza in Richmond Heights, Parmatown Shopping Center in Parma, and in Cleveland at the intersection of State and Brookpark Roads.
Vital Savings by Aetna is not insurance; rather, it gives consumers access to a network of participating providers that have agreed to offer health-related products and services at a discounted fee.
11 (2005), the Tax Court considered for the first time whether IRAs could be discounted for estate tax purposes.
You can do that by shopping for your family's athletic shoes at Sneakerland, a store that offers discounted prices along with great customer service.
30, excludes advertised specials, alcoholic beverages, tobacco products, postage stamps, items purchased with coupons and certain dairy items that cannot be discounted, according to law.