'Discounting' definitions:

Definition of 'Discounting'

From: GCIDE
  • 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. [1913 Webster]
  • 2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange. [1913 Webster]
  • Discount only unexceptionable paper. --Walsh. [1913 Webster]
  • 3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event). [1913 Webster]
  • 4. To leave out of account; to take no notice of. [R.] [1913 Webster]
  • Of the three opinions (I discount Brown's). --Sir W. Hamilton. [1913 Webster]