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Meaning & Definition of Discount in English

English

Discount

/dɪskaʊnt/

noun

1. The act of reducing the selling price of merchandise

synonym:
  • discount,
  • price reduction,
  • deduction

2. Interest on an annual basis deducted in advance on a loan

synonym:
  • discount rate,
  • discount,
  • bank discount

3. A refund of some fraction of the amount paid

synonym:
  • rebate,
  • discount

4. An amount or percentage deducted

synonym:
  • deduction,
  • discount

verb

1. Bar from attention or consideration

  • "She dismissed his advances"
synonym:
  • dismiss,
  • disregard,
  • brush aside,
  • brush off,
  • discount,
  • push aside,
  • ignore

2. Give a reduction in price on

  • "I never discount these books-they sell like hot cakes"
synonym:
  • discount

Examples of using

Tom wanted a bigger discount.
Tom sells T-shirts at a 100 percent discount.
If you agree to buy 100,100 of them, we'll give you a 100 percent discount.