English Dictionary: discounting | by the DICT Development Group |
1 result for discounting | |
From Webster's Revised Unabridged Dictionary (1913) [web1913]: | |
Discount \Dis"count`\ (?; 277), v. t. [imp. & p. p. {Discounted}; p. pr. & vb. n. {Discounting}.] [OF. desconter, descompter, to deduct, F. d[82]compter to discount; pref. des- (L. dis-) + conter, compter. See {Count}, v.] 1. 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. 2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. Discount only unexceptionable paper. --Walsh. 3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). 4. To leave out of account; to take no notice of. [R.] Of the three opinions (I discount Brown's). --Sir W. Hamilton. |