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discount house

Line breaks: dis|count house

Definition of discount house in English:

noun

1British A company that buys and sells bills of exchange.
Example sentences
  • A clearing giant differs in its structure, business activities, and orientation from a discount house or a merchant bank.
  • Prior to the outbreak of World War I in 1914 world trade was financed through real bill circulation with London acting as the discount house on a remarkably small gold base.
  • Furthermore, there would only be a limited period of time within which it would be reasonably foreseeable that a bank or discount house would rely upon a given set of audited accounts.
2North American another term for discount store.
Example sentences
  • They are owners of the nation's largest steel works, travel agency, brick factory, discount house, auto dealership and computer software firm.
  • The night before we left on our vacation at Grand Beach Michigan, I dreamt of seeing a large maroon discount house and also a concrete bridge near an old railroad crossing.
  • It goes for a little under a hundred bucks at most discount houses and it seems like quite a bargain.

Definition of discount house in:

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