discount

 

noun

Pronunciation: /ˈdɪskaʊnt/
  • a 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
  • 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

Pronunciation: /dɪsˈkaʊnt/
[with object]
  • 1deduct an amount from (the usual price of something): a product may carry a price which cannot easily be discounted
  • reduce (a product or service) in price: one shop has discounted children’s trainers
  • buy 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
  • 2regard (a possibility or fact) as being unworthy of consideration because it lacks credibility: I’d heard rumours, but discounted them

Phrases

at a discount

below the nominal or usual price: a scheme which lets tenants buy their homes at a discountCompare with at a premium (see premium).

Derivatives

discountable

Pronunciation: /dɪsˈkaʊntəb(ə)l/
adjective

discounter

Pronunciation: /dɪsˈkaʊntə/
noun

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)