Etymology
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discount (n.)

1620s, "abatement" (a sense now obsolete), alteration of French descompte (16c., Modern French décompte), from Medieval Latin discomputus (source of Italian disconto), from discomputare, from dis- (see dis-) + computare "to count" (see compute). Commercial meaning "deduction for early or prompt payment" is from 1680s; meaning "a reduction in the price of goods" attested by 1837.

discount (v.)

1620s, "reckon as an abatement or deduction" (a sense now obsolete), from Old French desconter "reckon off, account back" (13c., Modern French décompter), from Medieval Latin discomputare, from dis- "away, from" (see dis-) + computare "to reckon, to count" (see compute). Hence, "to abate, deduct" (1650s), and figurative sense "to leave out of account, disregard" (1702). Formerly also discompt. Commercial sense of "make a deduction from, put a reduced price upon" is by 1977. Related: Discounted; discounting.

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Definitions of discount
1
discount (n.)
the act of reducing the selling price of merchandise;
Synonyms: price reduction / deduction
discount (n.)
interest on an annual basis deducted in advance on a loan;
Synonyms: discount rate / bank discount
discount (n.)
a refund of some fraction of the amount paid;
Synonyms: rebate
discount (n.)
an amount or percentage deducted;
Synonyms: deduction
2
discount (v.)
bar from attention or consideration;
Synonyms: dismiss / disregard / brush aside / brush off / push aside / ignore
discount (v.)
give a reduction in price on;
I never discount these books-they sell like hot cakes
From wordnet.princeton.edu