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discount Definition

dis·count (dis′ko̵unt′; for v., also dis ko̵unt′)

noun

    1. a reduction from a usual or list price
    2. a deduction from a debt, allowed for paying promptly or in cash
  2. the interest deducted in advance by one who buys, or lends money on, a bill of exchange, promissory note, etc.
  3. the rate of interest charged for discounting a bill, note, etc.
  4. a discounting, as of a bill, note, etc.

Etymology: < OFr desconter, to count off < ML discomputare: see dis- & compute

transitive verb

  1. to pay or receive the present value of (a bill of exchange, promissory note, etc.), minus a deduction to cover interest for the purchaser
  2. to deduct an amount or percent from (a bill, price, etc.)
  3. to sell at less than the regular price
    1. to take (a story, statement, opinion, etc.) at less than face value, allowing for exaggeration, bias, etc.
    2. to disbelieve or disregard entirely; set aside as inaccurate or irrelevant
  5. to lessen the effect of by anticipating; reckon with in advance

intransitive verb

to lend or sell with discounts

discount Idioms

at a discount

  1. below the regular price; below face value
  2. worth little; unwanted and easily obtained

discount Synonyms

discount

n.

deduction, reduction, allowance, rebate, decrease, markdown, abatement, cut, concession, rollback, percentage, salvage, premium, diminution, subtraction, commission, exemption, modification, drawback, refund, tare, tare and tret, depreciation, cut rate, something off*, rake-off*, kickback*; see also interest 3, reduction 1.

Antonyms increase*, markup*, surcharge.

at a discount

discounted, cheap, depreciated, below list price; see reduced 2.

discount Synonyms

discount

v.

  1. To deduct

    reduce, mark down, lower, redeem, diminish, depreciate, make allowance for, allow, take off, charge off, strike off, rebate, abate, roll back, cut, cut prices, slash, slash prices, undersell, mark the tare of, rake off*, knock off*; see also decrease 2.

    Antonyms raise*, mark up*, advance. *

  2. To disregard

    question, disbelieve, mistrust, discredit; see disregard, doubt 2.

discount Finance Definition

A term with many uses. Often discount refers to the difference between a bond’s face value and its current market value. A discount occurs when the bond is selling at a price less than its face value. Treasury bills are sold at a discount to their face value. On maturity, the investor gets the full face value returned. Discount also may refer to a price that is lower than it ordinarily would have been if circumstances were different.

discount Usage Examples

Object

fare: Eurail Pass holders get specially discounted one way fares when traveling on Eurostar.

Converse of object

  • negotiate: Negotiate a discount with a local bookshop for parents new to the school.
  • receive: Members also receive a 10 % discount on our training courses.
  • offer: Often clubs offer a discount to its own members.

Adjective modifier

  • generous: Winter lets of 3 weeks or more will attract generous discounts.
  • substantial: Such farmers may well be able to use their buying power to obtain substantial discounts.
  • exclusive: Online Bookstore Or build your own library with exclusive discounts on over 3,000 financial and investment titles at our online bookstore.
  • bulk: Bulk discount available when you buy more than 10 copies!
  • introductory: Switch to Prudential Home Insurance and you could get a 25 % introductory discount for the first year of your policy.
  • hefty: I was with my girlfriend, so we got a hefty discount.

Modifies a noun

  • voucher: Discount Cruising Vouchers give a reduction of 20 % .
  • coupon: Demand from our larger customers was reduced and sales of instore discount coupons and associated advertising material were lower.
  • hotel: There are several Prague hotels all around the area that we can offer discount hotel rates on.
  • price: Student Book World with over 250,000 stock books at discount prices!
  • rate: The discount rates used vary from 4 per cent to 22 per cent.

Noun used with modifier

  • %: Week 3 a 10 % discount will be applied to the hire fee for the 3rd week of a booking.
  • cent: All schools and settings quoting a valid DfES number are entitled to a 50 per cent discount.
  • booking: For up to 10 % early booking discount click here.

Preposition: with

flier: You only get the discount with a flier to this amazing 4 band extravaganza!

Preposition: for

booking: Online price includes a 10 percent discount for online bookings paid by credit card only.