At a discount
Discount Dis"count`, n. [Cf. F. d['e]compte. See {Discount}, v. t.] 1. 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. [1913 Webster]

2. A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money. [1913 Webster]

3. The rate of interest charged in discounting. [1913 Webster]

{At a discount}, below par, or below the nominal value; hence, colloquially, out of favor; poorly esteemed; depreciated.

{Bank discount}, a sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it become due.

{Discount broker}, one who makes a business of discounting commercial paper; a bill broker.

{Discount day}, a particular day of the week when a bank discounts bills.

{True discount}, the interest which, added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • at a discount — phrasal 1. : below par : below the nominal value the bond sold at a discount 2. : out of favor : poorly or lightly esteemed utopias and visionaries were at a discount in this sober workaday world : with reservations his continual complaints …   Useful english dictionary

  • at a discount — discounted, on sale, reduced in price …   English contemporary dictionary

  • at a discount — idi below the usual list price …   From formal English to slang

  • share issued at a discount — A share issued at a price (the issue price) below its par value. The discount is the difference between the par value and the issue price. It is illegal to issue shares at a discount in the UK …   Accounting dictionary

  • share issued at a discount — A share issued at a price (the issue price) below its par value The discount is the difference between the par value and the issue price. It is illegal to issue shares at a discount in the UK …   Big dictionary of business and management

  • at a bargain price — at a discount, at a low cost …   English contemporary dictionary

  • At A Premium — The sale of an asset or item at a price significantly above the original purchase price due to high demand, rather than appreciation. At a premium, when used to refer to the cost of an asset, can indicate its increased price and limited supply.… …   Investment dictionary

  • Accretion (of a discount) — In portfolio accounting, a straight line accumulation of capital gains on discount bond in anticipation of receipt of par at maturity. The New York Times Financial Glossary …   Financial and business terms

  • discount — a deduction made from the normal cost or purchase price. Glossary of Business Terms 1) Quality differences between those standards set for some futures contracts and the quality of the delivered goods. If inferior goods are tendered for delivery …   Financial and business terms

  • discount — dis·count 1 / dis ˌkau̇nt/ n: 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 …   Law dictionary

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