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discount

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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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