noun (ˈdɪskaʊnt) a deduction from the full amount of a price or debt, as in return for prompt payment or to a special group of customersSee also cash discount, trade discount. Also called: discount rate. the amount of interest deducted in the purchase or sale of or the loan of money on unmatured negotiable instruments.
1. as in to ignore. to dismiss as of little importance even while acknowledging the primacy of the director, we should not discount the contributions of all the others who worked on the film. Synonyms & Similar Words.
n. (dĭs′kount′) 1. A reduction from the full or standard amount of a price or value. 2. The amount by which the face value of a bond or other debt security exceeds its market price. adj. (dĭs′kount′) 1. Offering products or services for sale at low or reduced prices: a discount retailer; a discount airline. 2.
The term discount can be used to refer to many forms of reduction in the price of a good or service. The two most common types of discounts are discounts in which you get a percent off, or a fixed amount off. A percent off of a price typically refers to getting some percent, say 10%, off of the original price of the product or service.
Apr 14, 2020 · To calculate the estimated discount, a sales manager follows these steps: Round the original baseline price to the nearest 10. In this case, $1,245 rounds up to $1,250. Find 10% of $1,250, which is $125. Consider that only one 10 goes into the discount percentage of 15. Multiplying 1 by $125 results in an initial estimated discount of $125.
Dec 15, 2022 · The basic way to calculate a discount is to multiply the original price by the decimal form of the percentage. To calculate the sale price of an item, subtract the discount from the original price. You can do this using a calculator, or you can round the price and estimate the discount in your head.
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