<p><strong>Verb (used with object)</strong></p><ul><li>to deduct a certain amount from (a bill, charge, etc.): All bills that are paid promptly will be discounted at two percent.</li><li>to offer for sale or sell at a reduced price: The store discounted all clothing for the sale.</li><li>to advance or lend money with deduction of interest on (commercial paper not immediately payable).</li><li>to purchase or sell (a bill or note) before maturity at a reduction based on the interest for the time it still has to run.</li><li>to leave out of account; disregard: Even if we discount the irrelevant material, the thesis remains mediocre.</li><li>to allow for exaggeration in (a statement, opinion, etc.): Knowing his political bias they discounted most of his story.</li><li>to take into account in advance, often so as to diminish the effect of: They had discounted the effect of a decline in the stock market.</li></ul><p><strong>Noun</strong></p><ul><li>a periodic payment, especially a scholarship or fellowship allowance granted to a student.</li><li>fixed or regular pay; salary.</li></ul><p><strong>Adjective</strong></p><ul><li>selling or offered at less than the usual or established price: discount theater tickets.</li><li>selling goods at a discount: a discount drugstore.</li></ul>