discount

I. noun Date: 1622 1. a reduction made from the gross amount or value of something: as a. (1) a reduction made from a regular or list price (2) a proportionate deduction from a debt account usually made for cash or prompt payment b. a deduction made for interest in advancing money upon or purchasing a bill or note not due 2. the act or practice of discounting 3. a deduction taken or allowance made II. verb Etymology: modification of French décompter, from Old French desconter, from Medieval Latin discomputare, from Latin dis- + computare to count — more at count Date: 1629 transitive verb 1. a. to make a deduction from usually for cash or prompt payment <

a discounted price

> b. to sell or offer for sale at a discount <

discounting last year's model

> 2. to lend money on after deducting the discount 3. a. to leave out of account ; disregard b. to minimize the importance of <

shouldn't discount his contributions

> c. (1) to make allowance for bias or exaggeration in (2) to view with doubt <

discount a rumor

> d. to take into account (as a future event) in present calculations intransitive verb to give or make discounts • discounter noun III. adjective Date: 1863 1. a. selling goods or services at a discount <

discount stores

> <

a discount broker

> <

discount airlines

> b. offered or sold at a discount <

discount tickets

> 2. reflecting a discount <

discount prices

>