Etymology Alteration of French descompte, décompte, from Old French disconter, desconter (“reckon off, account back, discount”), from Medieval Latin discomputō (“to deduct, discount”), from Latin dis- (“away”) + computō (“to reckon, count”). By surface analysis, dis- + count.
1
To sell at a reduced price.
Sales were slow even after the shop discounted the product.
2
Rare To deduct from an account, debt, charge, etc.
Merchants sometimes discount five or six per cent for prompt payment of bills.
3
To disregard or regard as unimportant.
Owing to his reputation, they discounted his comments.
Of the three opinions, (I discount Brown's), under this head, one supposes that the law of Causality is a positive affirmation, and a primary fact of thought, incapable of all further analysis.a. 1857, William Hamilton, edited by H[enry] L[ongueville] Mansel and John Veitch, Lectures on Metaphysics and Logic […], volume (please specify |volume=I to IV), Edinburgh; London: William Blackwood and Sons, published 1859–1860, →OCLC:
4
To lend money upon, deducting the discount or allowance for interest.
The banks discount notes and bills of exchange.
The company's directors were chagrined to learn that banks were suddenly refusing to discount its notes.
1 more example
Discount only unexceptionable paper.1692, William Walsh, Letter on the present state of the Currency of Great Britain:
5
To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
The market has dropped, discounting changes in interest rates.
6
Human sciences, Psychology, Sciences To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.
Transactional analysis
discount
noun
Etymology Alteration of French descompte, décompte, from Old French disconter, desconter (“reckon off, account back, discount”), from Medieval Latin discomputō (“to deduct, discount”), from Latin dis- (“away”) + computō (“to reckon, count”). By surface analysis, dis- + count.
1
A reduction in price.
For the summer sale, there was 40% discount in all the stores at the mall.
This store offers discounts on all its wares. That store specializes in discount wares, too.
2
Business, Finance A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
On our approaching the house where the Misses Spenlow lived, I was at such a discount in respect of my personal looks and presence of mind, that Traddles proposed a gentle stimulant in the form of a glass of ale.1849 May – 1850 November, Charles Dickens, The Personal History of David Copperfield, London: Bradbury & Evans, […], published 1850, →OCLC:
5
Human sciences, Psychology, Sciences The act of one who believes, or act as though they believe, that their own feelings are more important than the reality of a situation.
Etymology Alteration of French descompte, décompte, from Old French disconter, desconter (“reckon off, account back, discount”), from Medieval Latin discomputō (“to deduct, discount”), from Latin dis- (“away”) + computō (“to reckon, count”). By surface analysis, dis- + count.
1
Of a store Specializing in selling goods at reduced prices.
If you're looking for cheap clothes, there's a discount clothier around the corner.