›[T]COMMERCEto 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 MARKETif 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]FINANCEto 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.