discount
Listen:Concise Oxford English Dictionary © 2008 Oxford University Press:
discount
▶noun /ˈdɪskaʊnt/ a deduction from the usual cost of something.
■ Finance a percentage deducted from the face value of a bill of exchange or promissory note when it changes hands before the due date.
▶verb /dɪsˈkaʊnt/ - 1 deduct a discount from.
■ reduce (a product or service) in price.
■ Finance buy or sell (a bill of exchange) before its due date at less than its maturity value.
- 2 disregard as lacking credibility or significance.
– derivatives
discountable /dɪsˈkaʊntəb(ə)l/ adjective,
discounter /dɪsˈkaʊntə/ noun.
discountable /dɪsˈkaʊntəb(ə)l/ adjective,
discounter /dɪsˈkaʊntə/ noun.
– origin C17: from obs. Fr. descompte (n.), descompter (v.), or (in commercial contexts) from Ital. (di)scontare, based on L. dis- (expressing reversal) + computare (see compute).
'discount' also found in these Oxford entries:
bank rate
- big box
- bulk buying
- coupon
- deep-discount
- discount house
- discount rate
- discount store
- factor
- factory shop
- multipack
- no-claims bonus
- off-price
- rebate
- rediscount
- share option
- trade discount
- Treasury bill
- voucher
- zero-coupon bond
