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Glite Dictionary
💸 A price reduction 💸 To lower price 🙈 To ignore 🏦 Interest taken early
discount

discount

16 6.4
Money taken from a loan before you receive it
  • noun
  • /ˈdɪsˌkaʊnt/
  • Specialized
translation icon : descuento (financiero)
  • The company applied a discount to the total loan amount, which reduced the overall cost.
  • discount rate
  • official discount rate
  • real discount

Examples

  • The bank offers a significant discount on loan interest for early payments.

  • So I gave myself a $50 discount for paying up front.

    Blue Crush (2002)

  • And so I was able to get a discount off the purchase price of the building.

  • And we got you that discount rate I was talking about.

    Janky Promoters (2009)

  • The higher the discount rate, the lower the present value of the firm.

    Academic text (1991)

  • They're talking about shopping lenders to find a discount on the actual loan.

  • Music literacy software ranges in cost from $40 to $150 per title, with discounts available on some programs.

    Academic text (1991)

  • You're going to be paying fees for this, but that discount is really, really juicy.

  • We received a generous discount when we signed up for the annual membership.

Synonyms

discount rate
vsdiscount
  • Specialized
1 4.7

Interest taken from the loan amount before you receive the money

focuses on the actual interest amount taken upfront rather than its percentage
bank discount
vsdiscount
  • Specialized
7.0

A bank takes interest off a loan before you get the money

is the general term for interest taken upfront not only by banks

Compounds

discount store
8 1.8

A shop that sells things like food and clothes for lower prices

discount rate
  • Specialized
6 4.9

Interest rate a central bank charges banks for borrowing money

steep discount
1 2.5

A much lower price than usual on an item

discount chain
  • UK
1 3.0

A group of shops owned by the same company that sell goods at low prices

five-finger discount
  • NSFW
1 9.9

An act of stealing small items from a shop, often said as a joke

discount house
1 3.2

A shop that sells goods at lower prices than regular stores

discount rate
  • Specialized
1 4.7

Interest taken from the loan amount before you receive the money

discount business
3.0

A shop or company that sells goods at lower prices than usual

bank discount
  • Specialized
7.0

A bank takes interest off a loan before you get the money

trade discount
  • Specialized
3.1

A reduction in the price shown given to a shop for buying large amounts of goods

How Much

bank discount
  • Specialized
7.0
discount
  • Specialized
16 6.4

Surface Forms

discount singular
discounts plural

Morphology

discount = count (opaque) = dis + count

Although the form is still analyzable as dis- + count, the financial sense is highly specialized and not readily inferable from the component meanings.

Etymology

Discount in finance follows the same idea of 'counting away': a lender 'takes away' interest from the money before you get it. So a financial discount is the interest subtracted in advance, which makes the amount you receive smaller.