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. [1913 Webster]

2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. [1913 Webster]

Discount only unexceptionable paper. --Walsh. [1913 Webster]

3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). [1913 Webster]

4. To leave out of account; to take no notice of. [R.] [1913 Webster]

Of the three opinions (I discount Brown's). --Sir W. Hamilton. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

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