discount


discount
In the broad sense, a deduction from a sum in gross; a reduction from a regular price of an article offered for sale. In a technical sense, interest reserved from the amount lent at the time of making the loan. 30 Am J Rev ed Int § 12. In the banking business a charge for a loan in advance, whether called interest, compensation, or premium, the amount of the discount being deducted from the principal and retained by the bank at the time of making the loan. 10 Am J2d Banks § 689. A rate applied in the commutation of periodical payments to a payment in a lump sum. Anno: 105 ALR 242.

Ballentine's law dictionary. . 1998.

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 , 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… …   The Collaborative International Dictionary of English

  • 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


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