discount house Meaning in the Cambridge English Dictionary
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Meaning of “discount house” in the English Dictionary

"discount house" in Business English

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discount housenoun [C]

uk   us  
BANKING, FINANCE in the UK until the 1990s, a ​type of ​bank that ​bought and ​soldagreements to ​paydebt, such as bills of ​exchange, at a ​reducedprice: The ​originaldiscountinginstitution, a ​bank or ​discounthouse, for ​example, might well ​find itself ​short of ​liquidity before the ​billmatures.
US COMMERCE discount store
(Definition of discount house from the Cambridge Business English Dictionary © Cambridge University Press)
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