Background for discount

discount

/dɪsˈkaʊnt/

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noun

A reduction in price.

Examples :

"This store offers discounts on all its wares. That store specializes in discount wares, too."

business economy finance commerce value toeic

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noun

A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.

Examples :

"The bank offered a discount on the loan for paying the interest upfront. "

business finance economy toeic

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noun

The rate of interest charged in discounting.

Examples :

"The bank offered a 5% discount on the loan, meaning the interest rate was 5% lower than usual. "

business finance economy toeic

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noun

(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.

Examples :

"His discount of the teacher's advice stemmed from his belief that his own feelings of frustration were more important than the class's need for structure. "

mind philosophy attitude toeic

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verb

To deduct from an account, debt, charge, and the like.

Examples :

"Merchants sometimes discount five or six per cent for prompt payment of bills."

business finance economy toeic

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verb

To lend money upon, deducting the discount or allowance for interest

Examples :

"the banks discount notes and bills of exchange"

business finance toeic

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verb

To take into consideration beforehand; to anticipate and form conclusions concerning (an event).

Examples :

"The teacher discounted the student's concerns about the upcoming test, anticipating they would do well. "

business plan finance economy action toeic

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verb

To leave out of account or regard as unimportant.

Examples :

"They discounted his comments."

attitude business economy toeic

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verb

To lend, or make a practice of lending, money, abating the discount

Examples :

"The bank discounted the loan, lowering the interest rate to make it more affordable for the struggling small business owner. "

business finance economy toeic

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verb

(transactional analysis) To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.

Examples :

"He discounted his friend's concerns about the project, believing his own ideas were superior. "

attitude mind philosophy toeic

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adjective

(of a store) Specializing in selling goods at reduced prices.

Examples :

"The discount store offered affordable school supplies. "

business economy commerce toeic