Discount
From The Art and Popular Culture Encyclopedia
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- 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.
- To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
- To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
- To leave out of account; to take no notice of.
- To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
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