| Discount (discount) |
|---|
| v. t. | (?; 277) |
|---|
| Dis"count` |
| [imp. *** p. p. Discounted] p. pr. ***
vb. n. Discounting.] [OF. desconter,
descompter, to deduct, F. dé]compter to discount;
pref. des- (L. dis-) + c |
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.
To take into consideration beforehand; to
anticipate and form conclusions concerning (an event).
To leave out of account; to take no notice
of.
|
| Discount (discount) |
|---|
| v. i. | (?; 277) |
|---|
| Dis"count` |
|
To
lend, or make a practice of lending, money, abating the discount; as,
the discount for sixty or ninety days.
|
| Discount (discount) |
|---|
| n. | (?) |
|---|
| Dis"count` |
| [Cf. F.
décompte. See Discount, v. t.] |
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.
A deduction made for interest, in
advancing money upon, or purchasing, a bill or note not due; payment
in advance of interest upon money.
The rate of interest charged in
discounting.
|
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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website. 