–
To reckon off or deduct in settlement; make a reduction of: as, to
– To leave out of account; disregard.
–
In finance, to purchase, or pay the amount of in cash, less a certain rate per cent., as a promissory note, bill of exchange, etc., to be collected by the discounter or purchaser at maturity: as, to discount a bill or a claim at 7 per cent. Compare
–
Hence To make a deduction from; put a reduced estimate or valuation upon; make an allowance for exaggeration or excess in: as, to
–
To reckon or act upon in advance; diminish by anticipation the interest, pleasure, etc., of; take for granted as going to happen: as, to
–
In billiards, to allow discount to: as, to
noun – An allowance or deduction, generally of so much per cent., made for prepayment or for prompt payment of a bill or account; a sum deducted, in consideration of cash payment, from the price of a thing usually sold on credit; any deduction from the customary price, or from a sum due or to be due at a future time.
More definitions and example sentences on Wordnik