Discount
Legal Definition and Related Resources of Discount
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Discount
An allowance or deduction made from a gross sum on any account whatever. Relating to bills of exchange , it denotes the sum of money deducted from its face value in consideration of its payment before the stipulated time.
Discount Alternative Definition
In Contracts. Interest reserved from the amount lent at the time of making a loan. An allowance sometimes made for prompt payment. As a verb, it is used to denote the act of giving money for a bill of exchange or promissory note, deducting the interest. The taking legal interest in advance is not usurious; but it is only allowed for the benefit of trade, and where the bill or note discounted is meant for circulation, and is for a short term. 2 Cow. (N. Y.) 678, 712; 3 Wend. (N. Y.) 408. There is a difference between buying a bill and discounting it. The former word is used when the seller does not indorse the bill, and is not accountable for its payment. See Poth. de I'Usure, note 128; 3 Pet. (U.S.) 40; Blydenburgh, Usury; Sewell, Banking. In Practice. A set-ofl or defalcation in an action. Viner, Abr.
Financial Definition of Discount
Referring to the selling price of a bond, a price below its par value. Related: premium.
International Trade Meaning and Definition of Discount
If a bond is selling below its face value, it is said to sell at a discount.
Legal Definition of Discount
The amount by which a preferred stock or bond may sell below its par value. Also used as a verb to mean &takes into account& as the price of the stock has discounted the expected dividend cut. (See: Premium)
Synonyms of Discount
(Disbelieve), verb
be indifferent to
belittle
brush aside
decessio
deductio
depreciate
discountenance
discredit
disdain
disesteem
disparage
disregard
distrust
doubt
gloss over
harbor suspicions
ignore
make light of
misprize
mistrust
pass over
pay no attention
pay no heed
pay no mind
question
slight
spurn
suspect
(Minimize), verb
abate
abbreviate
abridge
allay
attenuate
condense
curtail
deflate
detract
diminish
lessen
minimalize
pare
reduce
render less
scale down
shorten
underestimate
understate
undervalue
(Reduce), verb
abate
allow a margin
cut
decrease
deduct from
depreciate
detract
lower
lower the sale price
make allowance for
mark down
rebate
reduce the markup
sell below par
slash prices
strike off
subduct
subtract
take from
take off
underprice
undersell
undervalue
noun
abatement
allowance
amount deducted
bargain
decessio
decrease
decrement
deductio
deduction
diminution
lower price
markdown
reduction
special price
subtraction
Associated Concepts: discount a loan
discount bills
discount notes
trade discount
Related Entries of Discount in the Lawi Project
Browse or run a search for Discount in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Discount in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Discount in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Discount in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Balance, , Factoring, Habendum, Purchase, Rebate, Reside, Slander Per Quod, Trade Acceptance.
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Discount in the Dictionary: Discount in our legal dictionaries
Browse the Legal Thesaurus: Find synonyms and related words of Discount
Legal Maxims: Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
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Related topics: Discount in this project about law in the world (Lawi)
Notice
This definition of Discount is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
Vocabularies (Semantic Web Information)
ResourceDescriptionTopic Map: A group of names, occurrences and associations
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Sitemap Index: Sitemap Index, including Taxonomies
https://legaldictio nary.lawin.org/discount/: The URI of Discount (more about URIs)
Discount Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Discount in a way that is easy for anybody to understand: Reduction from the full amount of a price or DEBT.
Concept of Discount in the context of Real Property
A short definition of Discount: The difference between face value of an installment note and mortgage or deed of trust, and the present cash value.
Concept of Discount in the context of Real Property
A short definition of Discount: The difference between face value of an installment note and mortgage or deed of trust, and the present cash value.
Meaning of Discount in Spanish
Description/ translation of discount into Spanish: rebaja (en la pena solicitada)[1]
Note: for more information on related terms and on the area of law where discount belongs (criminal procedure law), in Spanish, see here.
Notes and References
Translation of Discount published by Antonio Peñaranda
Resources
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Legal English Vocabulary: Discount in Spanish
Online translation of the English legal term discount into Spanish: descuento (English to Spanish translation). More about legal dictionary from english to spanish online.
Related to the Legal Thesaurus
Discount
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Finance
Consumer Credit
Negotiable Instrument
Securities
Financial Regulation
Corporate Finance