Etymology

Verb

1. To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
4. To leave out of account; to take no notice of.
5. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Noun

1. A reduction in price.

1. A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
2. The rate of interest charged in discounting.

Adjective

1. Of goods, available at reduced prices; discounted.

   This store specializes in discount wares.

2. Of a store, specializing in goods at reduced prices.

   If you're looking for cheap clothes, there's a discount clothier around the corner.