- 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 priceb) a deduction from a debt, allowed for paying promptly or in cash2. the interest deducted in advance by one who buys, or lends money on, a bill of exchange, promissory note, etc.3. the rate of interest charged for discounting a bill, note, etc.4. a discounting, as of a bill, note, etc.vt.1. to pay or receive the present value of (a bill of exchange, promissory note, etc.), minus a deduction to cover interest for the purchaser2. to deduct an amount or percent from (a bill, price, etc.)3. to sell at less than the regular price4.a) to take (a story, statement, opinion, etc.) at less than face value, allowing for exaggeration, bias, etc.b) to disbelieve or disregard entirely; set aside as inaccurate or irrelevant5. to lessen the effect of by anticipating; reckon with in advancevi.to lend or sell with discounts——————at a discount1. below the regular price; below face value2. worth little; unwanted and easily obtained
English World dictionary. V. Neufeldt. 2014.