discount

discount is a Verb

Definition:

[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.