Hypertext Webster Gateway: "discounted"
From Webster's Revised Unabridged Dictionary (1913) (web1913)
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.
2. To lend money upon, deducting the discount or allowance
for interest; as, the banks discount notes and bills of
exchange.
Discount only unexceptionable paper. --Walsh.
3. To take into consideration beforehand; to anticipate and
form conclusions concerning (an event).
4. To leave out of account; to take no notice of. [R.]
Of the three opinions (I discount Brown's). --Sir W.
Hamilton.
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