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more about discount
## discount |

4 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Discount \Dis"count`\ (?; 277), v. i. To lend, or make a practice of lending, money, abating the discount; as the discount for sixty or ninety days. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Discount \Dis"count`\, n. [Cf. F. d['e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like something taken or deducted. 2. A deduction made for interest, in advancing money upon or purchasing, a bill or note not due; payment in advance of interest upon money. 3. The rate of interest charged in discounting. {At a discount}, below par, or below the nominal value; hence colloquially, out of favor; poorly esteemed; depreciated. {Bank discount}, a sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it become due. {Discount broker}, one who makes a business of discounting commercial paper; a bill broker. {Discount day}, a particular day of the week when a bank discounts bills. {True discount}, the interest which added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Discount \Dis"count`\ (?; 277), v. t. [imp. & p. p. {Discounted}; p. pr & vb n. {Discounting}.] [OF. desconter, descompter to deduct, F. d['e]compter to discount; pref. des- (L. dis-) + conter, compter. See {Count}, v.] 1. To deduct from an account, debt, charge, and the like to make an abatement of as merchants sometimes discount five or six per cent for prompt payment of bills. 2. To lend money upon deducting the discount or allowance for interest; as the banks discount notes and bills of exchange. Discount only unexceptionable paper. --Walsh. 3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). 4. To leave out of account; to take no notice of [R.] Of the three opinions (I discount Brown's). --Sir W. Hamilton. From WordNet r 1.6 [wn]: discount n 1: the act of reducing the selling price of merchandise [syn: {price reduction}, {deduction}] 2: interest on an annual basis deducted in advance on a loan [syn: {discount rate}, {bank discount}] 3: a refund of some fraction of the amount paid [syn: {rebate}] 4: an amount or percentage deducted [syn: {deduction}] v 1: bar from attention or consideration; "She dismissed his advances" [syn: {dismiss}, {disregard}, {brush aside}, {brush off}, {push aside}, {ignore}] 2: give a discount on

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