Discount - Wikipedia-style Article
Discount
Definition
Discount is a noun and a verb. As a noun, it refers to a reduction in the usual price of an item or service. As a verb, it means to reduce the price of something or to regard something as unimportant or not credible.
Parts of Speech
Pronunciation
American English
- IPA Pronunciation: /ˈdɪsˌkaʊnt/
- Respelling: DIS-kownt
British English
- IPA Pronunciation: /ˈdɪskaʊnt/
- Respelling: DIS-kownt
Etymology
The word "discount" originates from the Latin "discomputare," meaning "to calculate away," from "dis-" (away) and "computare" (to calculate). It entered English through Old French "descompter," meaning "to deduct." In English, it evolved to refer to price reductions and disregarding certain information.
Derivatives
- Discounted (adjective)
- Discounting (verb)
- Discountable (adjective)
- Discountable (noun)
- Undiscounted (adjective)
Synonyms
- Reduction
- Rebate
- Deduction
Antonyms
- Markup
- Increase
- Surcharge
Usage
The term "discount" is commonly used in retail contexts to indicate a lowered price, as in "The store offered a 20% discount on all items." It is also used as a verb, as in "They discounted the idea as impractical."
Related Terms
- Promotion: A marketing strategy offering temporary discounts or deals.
- Clearance: A sale of reduced-price items, often to clear inventory.
- Bargain: A product offered at a reduced price, often seen as a good deal.
Detailed Definitions
Noun
- A reduction in the usual price of something: Refers to a decreased price applied to a product or service.
- Example: "The supermarket offered a 10% discount on produce."
Verb
- To reduce the price of something: Refers to lowering the cost of a product or service.
- Example: "The store discounted all summer items."
- To regard something as unimportant or unlikely: Used to describe the action of dismissing a concept, fact, or opinion.
- Example: "She discounted the rumors as baseless."