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    Discount

    /ˈdɪs.kaʊnt/

    Meaning & Definition

    noun
    A reduction in the usual price of something.
    The store is offering a 20% discount on all winter clothing.
    An amount deducted from a total or price.
    She received a discount for buying in bulk.
    A decrease in the value of an asset or a reduction in the expected cash flow.
    The discount on the bond reflects the risk associated with it.
    verb
    To reduce the price of something.
    The manager decided to discount the tickets to attract more customers.
    To regard something as unworthy of consideration, to dismiss.
    He discounted her opinion without giving it any thought.

    Etymology

    From Middle English 'discounten', from Old French 'discompter', from Latin 'discomputare' ('to subtract').

    Common Phrases and Expressions

    student discount
    A reduced price offered specifically to students.
    early bird discount
    A price reduction for those who purchase or commit early.
    bulk discount
    A price reduction given for purchasing in large quantities.
    seasonal discount
    A temporary price reduction occurring during a specific season.
    flash sale discount
    A substantial price reduction for a very short period.

    Related Words

    rebate
    A return of part of the purchase price.
    markdown
    A reduction in the listed price.
    sale
    The exchange of a product for money, typically at a lower price.

    Slang Meanings

    A sweet deal or steal.
    I got this jacket for $30! What a discount!
    A special offer or promotion.
    They have a special discount going on a new phone.