°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.
°To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
noun
°A reduction in price.
°A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
adjective
°Of goods, available at
reduced prices; discounted.
°Of a store, specializing in goods at reduced prices.
synonyms:
rebate, reduction