discount

n. [ Cf. F. décompte. See Discount, v. t. ] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted. [ 1913 Webster ]

2. A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money. [ 1913 Webster ]

3. The rate of interest charged in discounting. [ 1913 Webster ]

At a discount, below par, or below the nominal value; hence, colloquially, out of favor; poorly esteemed; depreciated. --
Bank discount, a sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it become due. --
Discount broker, one who makes a business of discounting commercial paper; a bill broker. --
Discount day, a particular day of the week when a bank discounts bills. --
True discount, the interest which, added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note. [ 1913 Webster ]

v. t. [ imp. & p. p. Discounted; p. pr. & vb. n. Discounting. ] [ OF. desconter, descompter, to deduct, F. décompter to discount; pref. des- (L. dis-) + conter, compter. See Count, v. ] 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. [ 1913 Webster ]

2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. [ 1913 Webster ]

Discount only unexceptionable paper. Walsh. [ 1913 Webster ]

3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). [ 1913 Webster ]

4. To leave out of account; to take no notice of. [ R. ] [ 1913 Webster ]

Of the three opinions (I discount Brown's). Sir W. Hamilton. [ 1913 Webster ]

v. i. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days. [ 1913 Webster ]

a. Capable of being, or suitable to be, discounted; as, certain forms are necessary to render notes discountable at a bank. [ 1913 Webster ]

n. Unfavorable aspect; unfriendly regard; cold treatment; disapprobation; whatever tends to check or discourage. [ 1913 Webster ]

He thought a little discountenance on those persons would suppress that spirit. Clarendon. [ 1913 Webster ]

v. t. [ imp. & p. p. Discountenanced p. pr. & vb. n. Discountenancing ] [ Pref. dis- + countenance: cf. OF. descontenancer, F. décontenancer. ] 1. To ruffle or discompose the countenance of; to put of countenance; to put to shame; to abash. [ 1913 Webster ]

How would one look from his majestic brow . . .
Discountenance her despised! Milton. [ 1913 Webster ]

The hermit was somewhat discountenanced by this observation. Sir W. Scott. [ 1913 Webster ]

2. To refuse to countenance, or give the support of one's approval to; to give one's influence against; to restrain by cold treatment; to discourage. [ 1913 Webster ]

A town meeting was convened to discountenance riot. Bancroft. [ 1913 Webster ]

n. One who discountenances; one who disfavors. Bacon. [ 1913 Webster ]