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discount

Line breaks: dis|count

Definition of discount in English:

noun

Pronunciation: /ˈdɪskaʊnt
 
/
1A deduction from the usual cost of something: rail commuters get a discount on season tickets [mass noun]: we introduced a standard level of discount for everyone
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
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: /dɪsˈkaʊnt
 
/
[with object] Back to top  
1Deduct an amount from (the usual price of something): a product may carry a price which cannot easily be discounted
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
1.1Reduce (a product or service) in price: one shop has discounted children’s trainers
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, lessen
informal knock down
mark down, reduce, put on sale
1.2Buy or sell (a bill of exchange) before its due date at less than its maturity value: the bill will be discounted, sold for a sum less than its maturity value
More 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 or fact) as being unworthy of consideration because it lacks credibility: I’d heard rumours, 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, pass over, overlook, dismiss, ignore, brush off, gloss over;
disbelieve, give no credence to, reject, pooh-pooh

Origin

early 17th century: 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 scheme which lets tenants 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: /dɪsˈkaʊntəb(ə)l/
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
Pronunciation: /dɪsˈkaʊntə/
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.

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