discount

Definition

noun/ˈdɪskaʊnt/
  1. the percentage by which the seller reduces the full price for the buyer
    Example to give a discount on bulk purchases
    Usage to sell goods at a discount or at a discount price
    to sell goods below the normal price
    Usage 10 per cent discount for cash,10 per cent cash discount
    you pay 10 per cent less if you pay in cash
  2. the amount by which something is sold for less than its value
verb
  1. to reduce prices to increase sales
  2. Usage to discount bills of exchange
    to buy or sell bills of exchange for less than the value written on them in order to cash them later
  3. to react to something which may happen in the future, such as a possible takeover bid or currency devaluation
  4. to calculate the value of future income or expenditure in present value terms
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