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discounting

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discounting


  1  definition  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Discount  \Dis"count`\  (?;  277),  v.  t.  [imp.  &  p.  p. 
  {Discounted};  p.  pr  &  vb  n.  {Discounting}.]  [OF.  desconter, 
  descompter  to  deduct,  F.  d['e]compter  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. 
 
  2.  To  lend  money  upon  deducting  the  discount  or  allowance 
  for  interest;  as  the  banks  discount  notes  and  bills  of 
  exchange. 
 
  Discount  only  unexceptionable  paper.  --Walsh. 
 
  3.  To  take  into  consideration  beforehand;  to  anticipate  and 
  form  conclusions  concerning  (an  event). 
 
  4.  To  leave  out  of  account;  to  take  no  notice  of  [R.] 
 
  Of  the  three  opinions  (I  discount  Brown's).  --Sir  W. 
  Hamilton. 




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