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 difference between the discounted value of the debt and its face value is recorded as Other Paid-In Capital of $1,039,570 and will be amortized on a straight-line basis over the four year term of the loan.
The new issue price will equal the discounted value of the payments of principal and interest on $1 principal amount of New Notes through their maturity date at a discount rate equal to the bid-side yield on the 4.
Since December 31, 2003, the Company has settled over $1,200,000 of liabilities through payments and conversions, most at discounted value.
3 billion cubic feet of gas with a future net value of approximately $484,372,000 with a discounted value of $265,971,000.
14, 2002 valuation date, the discounted value of the collateral covered the revolving facility and the class A notes at 124.
8 billion cubic feet of gas with a future net value of approximately $675,878,000 with a discounted value at 10% of $322,478,000.
These acquisitions also represent an immediate increase in our estimated discounted value of reserves to over $83 million, most of which has been acquired in the past two years.
In a nutshell, regardless of the presumed value of an asset, through the use of valuation discounts, such assets may be treated as having a substantially discounted value for gift and estate tax purposes--the exact amount of the discount depending on the particular asset being valued.
5 billion cubic feet of gas with a future net value of approximately $43,617,000 with a 10% discounted value of $27,489,000.
The 25% discounted value on The Hardwick is offered thanks to Story Homes' requirement to provide affordable homes for local people.
The mortages would be then be on-sold in the open market, which is subject to any discounted value, which may result on their sale.
Moreover, the confirmation of commercial reserves in Brazil (JV with HRT) may add more value since the current P&P reserves at 500m bbls suggests reserve discounted value of $6-7b.