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Discount |
Definition - Noun : a reduction made from the gross amount or value of something: as
a : a reduction made from a regular or list price or a proportionate deduction from a debt account usu. made for prompt payment or for payment in cash
b : a reduction made for interest in advancing money upon or purchasing a note not yet due
c : a reduction in the price of a bond
see also
discount bond at
bond d : the sale of securities that are issued below and redeemed at face value
compare
premium Pronunciation'dis-
"kau'nt
Definition - Transitive Verb 1 a : to make a deduction from usu. for cash or prompt payment
b : to sell or offer at a lowered price
2 : to lend money on after deducting a discount <banks ~ negotiable instruments>
3 : to take into account (a future event or prospect) in making present calculations
: to give or make discounts
Pronunciation'dis-
"kau'nt, dis-
'kau'nt
Definition - adj 1 a : selling goods or services at a discount <a ~ broker>
b : offered or sold at a discount <~ securities>
2 : reflecting a discount <the ~ price>
Pronunciation'dis-
"kau'nt
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Pronunciation Key
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- \&\ as a and u in a b ut
- \[^&]\ as e in kitt en
- \&r\ as ur and er in f urther
- \a\ as a inash
- \A\ as a in ace
- \?\ as o in m op
- \au\ as ou in ou t
- \ch\ as ch in ch in
- \e\ as e in bet
- \E\ as ea in easy
- \g\ as g in go
- \i\ as i in hit
- \I\ as i in ice
- \j\ as j in job
- \[ng]\ as ng in sing
- \O\ as o in go
- \o\ as aw in law
- \oi\ as oy in boy
- \th\ as th in thin
- \[th_]\ as thin the
- \?\ as oo in loot
- \u\ as oo in foot
- \y\ as y in yet
- \zh\ as si in vision
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Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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