Discount

n. price reduction

v. disregard, ignore; reduce the price of, mark down; give a discount

In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms the basis of time value of money calculations. The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cashflow is to be valued to the time of the cash flow. Most often the discount rate is expressed as an annual rate.
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Noun
1. the act of reducing the selling price of merchandise
(synonym) price reduction, deduction
(hypernym) decrease, diminution, reduction, step-down
2. interest on an annual basis deducted in advance on a loan
(synonym) discount rate, bank discount
(hypernym) interest rate, rate of interest
(hyponym) bank rate
3. a refund of some fraction of the amount paid
(synonym) rebate
(hypernym) refund
(hyponym) rent-rebate
4. an amount or percentage deducted
(synonym) deduction
(hypernym) allowance, adjustment
(hyponym) trade discount
Verb
1. bar from attention or consideration; "She dismissed his advances"
(synonym) dismiss, disregard, brush aside, brush off, push aside, ignore
(hypernym) reject
(hyponym) slight, cold-shoulder
2. give a reduction in price on; "I never discount these books-they sell like hot cakes"
(hypernym) mark down
(hyponym) allow
(derivation) deduction

n. discount, price reduction

adj. discount, price reduction