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 ?
The discounters show no sign of stopping and, with plans to open hundreds of stores between them, they will noticeably widen their reach to the British population.
Stimson's hiring demonstrates a forward-thinking enhancement for Tire Discounters when it comes to employee-focused programs in the industry -- most notably for those working in stores.
Good Housekeeping consumer director Caroline Bloor said: "The current battle between the traditional supermarkets and the discounters is pulling prices down - and will continue to do so.
Bryan said: "The reason the discounters are winning isn't just about price, it's also about the fact they are very quick and easy to shop in.
22 percent intend to use high street discounters more
Mike Colley, MD of Rippleglen, added: "We must compete better with discounters and are overhauling our high street division to meet the challenge.
In addition, Edeka and Rewe performed strongly in 2009 and are challenging the two largest discounters, resulting in more intense price wars in 2009.
Mattress Discounters currently numbers about 130 stores in the New England and mid-Atlantic regions.
Among discounters, Wal-Mart is a leader, with a 37 percent market share in the top 50 Hispanic markets, according to a report by Chain Store Guide.
To keep up with superstores and discounters that are stealing supermarkets' market share, many grocers are transforming their center store aisles, according to a July KPMG Consumer Markets Insider Focus article.
Germany's retail sector is going to the dogs, orat least the discounters.
said Friday it will comply with an order issued by the Fair Trade Commission (FTC) against its practice of forcing wholesalers and retailers to stop selling its products to certain discounters.