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English definition of “discount”

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discount

verb
 
 
/dɪˈskaʊnt/ US   /ˈdɪskaʊnt/
[T] COMMERCE to sell a product or service for less than the usual price: Our entire inventory is discounted below retail prices.discount sth by 55%/a quarter, etc. The initial charges will be 5.25%, discounted by 2% to 3.25 % until 31 January.
[T, usually passive] STOCK MARKET if shares are discounted, they go down in price, often following bad news: Stocks were being discounted because of political concerns related to the upcoming election.
[T] FINANCE to buy a bill of exchange before its payment date at a price that is lower than its value, in order to make a profit when it is paid on its payment date: If an exporter has good credit, the bank may purchase or discount his collection bills.
(Definition of discount verb from the Cambridge Business English Dictionary © Cambridge University Press)
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