Definitions (2)

1.Deduction from the face amount of an invoice, made in advance of its payment. See also rebate.
2.Deduction from the par value of a financial instrument, made in advance of its sale. Opposite of premium.

Use discount in a sentence

  • If you have a surplus of your product and need to get it off the shelves you may have to start offering a discount,

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  • We were able to get a discount on purchasing the new widgets. This made our chief executive officer very happy.

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  • The place was offering a discount on dried goods, so I decided to go there and see for myself what they had.

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