discount
dis
ˈdɪs
dis
count
kaʊnt
kawnt
British pronunciation
/ˈdɪskaʊnt/

Definition & Meaning of "discount"in English

to discount
01

to ignore or dismiss something, refusing to consider or give attention to it

Transitive: to discount sth
to discount definition and meaning
example
Examples
It 's unfair to discount the opinions of certain team members during decision-making.
The manager chose not to discount the feedback provided by the employee.
02

to lower the price of a product or service, often as part of a promotion or sale

Transitive: to discount a product or service
example
Examples
The store decided to discount all summer clothes to clear out inventory.
The company decided to discount their services to attract more customers.
Discount
01

the act of reducing the usual price of something

discount definition and meaning
example
Examples
The store announced a discount on all electronics for the weekend.
They applied a discount to the last season's clothing to make room for new arrivals.
02

the amount of money that is reduced from the usual price of something

discount definition and meaning
example
Examples
They offered a discount of 20 % on all winter clothing.
The store gave a discount of $ 10 on purchases over $ 50.
03

interest on an annual basis deducted in advance on a loan

example
Examples
The bank applied a discount on the short-term loan.
Treasury bills are issued at a discount to their face value.
04

a refund of some fraction of the amount paid

example
Examples
Customers received a discount after returning defective items.
The hotel offered a discount for the overbooked night.
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