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discount

Syllabification: dis·count
Pronunciation: /ˈdiskount
 
/

Definition of discount in English:

noun

1A deduction from the usual cost of something, typically given for prompt or advance payment or to a special category of buyers: many stores will offer a discount on bulk purchases
More example sentences
  • But how hard would it be to create a movie gift card that offers a discount for the cost of 10 tickets or more?
  • You will probably find that from time to time you will get extra offers, discounts and lower shipping costs.
  • Our prices are negotiable and we do offer discounts for bulk purchases.
Synonyms
reduction, deduction, markdown, price cut, cut, rebate
1.1 Finance A percentage deducted from the face value of a bill of exchange or promissory note when it changes hands before the due date.
Example sentences
  • A related type of transaction is one in which a company or other enterprise allows another to draw on it in order to facilitate the discount of the bills involved.
  • The discount period covers the period from the day of discount to the bill maturity date.
  • In discount of bills, the Bank rediscounts qualified commercial bills submitted by the financial institutions, such bills having already been discounted by the institutions for their clients.

verb

Pronunciation: /ˌdisˈkount
 
/
[with object] Back to top  
1Deduct an amount from (the usual price of something): (as adjective discounted) current users qualify for a discounted price
More example sentences
  • This weekend only - we are offering gift certificates in any amount and are discounting the purchase price by 10%.
  • Farmers producing bull beef will need to be conscious of the risk in allowing bulls to go over 24 months because some factories are already talking of discounting the price of these animals to cow beef price.
  • The market discounts the price for this variability.
Synonyms
deduct, take off, rebate
informal knock off, slash off
1.1Reduce (a product or service) in price: merchandise that was deeply discounted—up to 50 percent (as adjective discounted) discounted books
More example sentences
  • Consumers are advised not buy from unauthorised dealers and to be suspicious of deeply discounted products.
  • Instead of consolidating their purchasing, they're buying highly discounted products and services from a host of companies.
  • Who cares if the products are discounted, if you've read every book and heard every CD on offer?
Synonyms
reduce, mark down, cut, lower
informal knock down
1.2Buy or sell (a bill of exchange) before its due date at less than its maturity value.
Example sentences
  • They shed their non-banking activities and concentrated on financing through discounting bills of exchange and distributing the securities which governments and subsequently companies issued.
  • He can discount the bills accepted by the bank with the credit provider who offers the most favourable terms.
  • To this it might be objected that firms only need a bit more time, such as is provided to them when a bank is willing to discount their bills.
2Regard (a possibility, fact, or person) as being unworthy of consideration because it lacks credibility: I’d heard rumors, but discounted them
More example sentences
  • Nor is it possible to discount the fact that these events have been almost wiped from the history books.
  • Likewise, it discounts the possibility that users can distinguish between good and malicious software, say, by installing software released or recommended by people they trust.
  • But, sadly, a climate of opinion is being created in which facts are discounted in favour of fantasies, arbitrary allegations and wild apprehensions.
Synonyms
disregard, pay no attention to, take no notice of, take no account of, dismiss, ignore, overlook, disbelieve, reject
informal take with a pinch of salt, pooh-pooh

adjective

Back to top  
1(Of a store or business) offering goods for sale at discounted prices: a discount drugstore chain
More example sentences
  • Groaning slightly, she got up, and walked into the discount store nearby.
  • Equally inexpensive was much of the merchandise which could be had at the discount stores of that era.
  • If a discount store acquires a competing convenience store, the average retail price tends to go up.
1.1At a price lower than the usual one: a discount flight
More example sentences
  • Discount airline tickets are available for the student community.
  • The discount rate reflects the current generation's preferences for resource use through time.
  • The tourism authority is giving out discount coupons that are redeemable at participating stores.

Origin

early 17th century (denoting a reduction in the amount or value of something): from obsolete French descompte (noun), descompter (verb), or (in commercial contexts) from Italian (di)scontare, both from medieval Latin discomputare, from Latin dis- (expressing reversal) + computare (see compute).

Phrases

at a discount

1
Below the nominal or usual price: a plan that allows tenants to buy their homes at a discount Compare with at a premium (see premium).
More example sentences
  • In simple terms, this means the share price is trading at a discount to the value of the company's property portfolio.
  • Those funds are good buys when their market price is at a discount to their net asset value.
  • Unlike funds such as unit trusts, investment trusts are often priced at a discount to the value of their holdings.

Derivatives

discountable

1
Pronunciation: /disˈkountəbəl/
adjective
Example sentences
  • There is a remote, but not discountable, chance of it occurring again.
  • In the US TV fiction production sector this is only discountable where an individual has had a recent commercial success.
  • One might just as well argue from what happens in ‘actual’ cases to what should happen in discountable cases.

discounter

2
noun
Example sentences
  • It's a second chance for retailers, many of whom have had a challenging holiday season, discounters in particular.
  • For many stores, especially discounters it has been a challenging season.
  • Increased sales by discounters has probably slightly lowered the price paid by consumers.

Definition of discount in:

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