1. A reduction in the selling price of something
   "The store offered a significant discount on last season's inventory";
   - price reduction, deduction
    
2. Interest on an annual basis deducted in advance on a loan
   "The bank discount on the short-term loan was calculated upfront";
   - discount rate, bank discount
    
3. A refund of some fraction of the amount paid
   "Students receive a discount on museum admission";
   - rebate
    
4. An amount or percentage deducted
   "Members receive a special discount on their purchases";
   - deduction

1. Bar from attention or consideration
   "The judge discounted the unreliable testimony";
   - dismiss, disregard, brush aside, brush off [informal], push aside, ignore
    
2. Give a reduction in price on
   "I never discount these books — they sell like hot cakes"

Derived forms: discounts, discounting, discounted

Type of: adjustment, allowance, decrease, diminution, interest rate, mark down, rate of interest, reduction, refund, reject, step-down

Encyclopedia: Discount