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Sunday, June 9th, 2024
the Week of Proper 5 / Ordinary 10
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Bible Dictionaries
Discount

Webster's Dictionary

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(1):

(v.) To take into consideration beforehand; to anticipate and form conclusions concerning (an event).

(2):

(v.) To leave out of account; to take no notice of.

(3):

(v.) To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.

(4):

(v. t.) 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.

(5):

(v.) 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.

(6):

(v. t.) A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.

(7):

(v. t.) The rate of interest charged in discounting.

(8):

(v. i.) To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Bibliography Information
Webster, Noah. Entry for 'Discount'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​d/discount.html. 1828.
 
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