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discount

Dictionary definition · discount

noun

  1. the act of reducing the selling price of merchandise
  2. interest on an annual basis deducted in advance on a loan
  3. a refund of some fraction of the amount paid
  4. an amount or percentage deducted

verb

  1. bar from attention or consideration"She dismissed his advances"
  2. give a reduction in price on"I never discount these books — they sell like hot cakes"

Source: Open English WordNet (CC BY 4.0).