Discount

Discount
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. [1913 Webster]

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. [1913 Webster]

3. The rate of interest charged in discounting. [1913 Webster]

{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. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Игры ⚽ Нужно решить контрольную?
Synonyms:

Look at other dictionaries:

  • DISCOUNT — DISCOU Pratiquent le discount (le discompte, selon la terminologie française actuelle) les magasins qui, dans le commerce de détail, vendent à des prix inférieurs à ceux des autres détaillants des articles qui font l’objet d’une publicité.… …   Encyclopédie Universelle

  • discount — dis·count 1 / dis ˌkau̇nt/ n: a reduction made from the gross amount or value of something: as a: a reduction made from a regular or list price or a proportionate deduction from a debt account usu. made for prompt payment or for payment in cash b …   Law dictionary

  • 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,… …   The Collaborative International Dictionary of English

  • discount — [n] reduction in cost abatement, allowance, commission, concession, cut, cut rate, decrease, deduction, depreciation, diminution, drawback, exemption, knock off*, markdown, modification, percentage, premium, qualification, rebate, remission,… …   New thesaurus

  • 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. [1913 Webster] …   The Collaborative International Dictionary of English

  • discount — ► NOUN ▪ a deduction from the usual cost of something. ► VERB 1) deduct a discount from (the usual price of something). 2) disregard as lacking credibility or significance. 3) Finance buy or sell (a bill of exchange) before its due date at a… …   English terms dictionary

  • discount — or discount rate [dis′kount΄; ] for v., also [ dis kount′] n. [< OFr desconter, to count off < ML discomputare: see DIS & COMPUTE] 1. a) a reduction from a usual or list price b) a deduction from a debt, allowed for paying promptly or in… …   English World dictionary

  • Discount — can refer to: Discounts and allowances: reductions to a basic price of goods or services; Discounting: a financial mechanism in which a debtor obtains the right to delay payments to a creditor; Discount (band): a punk rock band that formed in… …   Wikipedia

  • discount — [DISCÁUNT] s. n. reducere de preţ pentru un cumpărător anumit, în anumite condiţii de achiziţionare a mărfii. (< engl. discount) Trimis de raduborza, 15.08.2008. Sursa: MDN …   Dicționar Român

  • discount — / diskaʊnt/, it. /di skaunt/ s. ingl. (propr. sconto ), usato in ital. al masch. (comm.) [pubblico esercizio che vende beni di consumo in grandi quantità e a prezzi scontati] ▶◀ ‖ ipermercato, supermarket, supermercato …   Enciclopedia Italiana

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”