discount

Etymology

Alteration of French descompte, décompte, from Old French disconter, desconter (“reckon off, account back, discount”), from Medieval Latin discomputō (“I deduct, discount”), from Latin dis- (“away”) + computō (“I reckon, count”).

verb

1. To deduct from an account, debt, charge, and the like.
   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
   the banks discount notes and bills of exchange
   Discount only unexceptionable paper. 1692, William Walsh, Letter on the present state of the Currency of Great Britain
3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
4. To leave out of account or regard as unimportant.
   They discounted his comments.
   They discounted his suggestion.
   They discounted his idea.
5. To lend, or make a practice of lending, money, abating the discount
6. (psychology, transactional analysis) To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.

noun

1. A reduction in price.
   This store offers discounts on all its wares. That store specializes in discount wares, too.
2. (finance) 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.
4. (figurative) A lack or shortcoming.
5. (psychology, transactional analysis) The act of one who believes, or act as though they believe, that their own feelings are more important than the reality of a situation.

adj

1. (of a store) Specializing in selling goods at reduced prices.
   If you're looking for cheap clothes, there's a discount clothier around the corner.