discount

(redirected from discounts)
Also found in: Dictionary, Thesaurus, Medical, Financial, Idioms, Encyclopedia.
Related to discounts: deals, Coupons

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 ?
Thus, the cash-advance discounts were like a loan or a security deposit, and were a liability rather than income when received.
The required rate of return, or discount rate, is determined to be 20%.
TEI members with questions about the RIA discounts under the affinity program should contact their field sales force agent.
Those burdens imposed by the FLP--the fact that the partnership interest is not as marketable as its underlying asset--account for the valuation discount.
AICPA members receive discounts on all Dell product lines.
To see if the discounts are important to you, compare the prices on the official Medicare site (http://www.
Cardenas said he was alarmed to learn that the DWP is losing out on potentially millions of dollars in discounts for many contracts at a time when the utility is seeking an 18 percent increase in water rates over two years.
Minimum discounted rates of 50% off transportation services are available for members moving to another state, with 2% in excess of the discount contributed to the DAV for programs benefiting disabled veterans and their families.
Students and their families who had the ability to pay for higher education didn't necessarily have the willingness to pay for it, and many colleges and universities dug deeper for discounts to continue attracting these students.
Although discount rates vary by state, CalCPA members who reside in California may qualify for a 25 percent reduction off GEICO's already low rates.
Subscribers to Guardian's vision insurance plan qualify for discounts through Vision Service Plan, which provides the company's vision benefits.
The OIG opinion actually offers a bit of guidance for providers in reviewing negotiated discounts.