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Vocabulary Word

Word: discount

Definition: disregard; regard (a story or news) as unimportant; deduct from a cost


Sentences Containing 'discount'

``But at a tremendous discount, of course?''
``Certainly; it will only cost you a discount of 5,000 or 6,000 francs.''
The banker, who advances to the merchant whose bill he discounts, not gold and silver, but his own promissory notes, has the advantage of being able to discount to a greater amount by the whole value of his promissory notes, which he finds, by experience, are commonly in circulation.
But the Scotch merchants, it must be remembered, can discount their bills of exchange as easily as the English merchants; and have, besides, the additional conveniency of their cash accounts.
But this discovery is not altogether so easy when they discount their bills sometimes with one banker, and sometimes with another, and when the two same persons do not constantly draw and redraw upon one another, but occasionally run the round of a great circle of projectors, who find it for their interest to assist one another in this method of raising money and to render it, upon that account, as difficult as possible to distinguish between a real and a fictitious bill of exchange, between a bill drawn by a real creditor upon a real debtor, and a bill for which there was properly no real creditor but the bank which discounted it, nor any real debtor but the projector who made use of the money.
When a banker had even made this discovery, he might sometimes make it too late, and might find that he had already discounted the bills of those projectors to so great an extent, that, by refusing to discount any more, he would necessarily make them all bankrupts; and thus by ruining them, might perhaps ruin himself.
'If no member of my family,' said Mrs. Micawber, 'is possessed of sufficient natural feeling to negotiate that bill--I believe there is a better business-term to express what I mean--' Mr. Micawber, with his eyes still cast up at the ceiling, suggested 'Discount.'
'To discount that bill,' said Mrs. Micawber, 'then my opinion is, that Mr. Micawber should go into the City, should take that bill into the Money Market, and should dispose of it for what he can get.
On our approaching the house where the Misses Spenlow lived, I was at such a discount in respect of my personal looks and presence of mind, that Traddles proposed a gentle stimulant in the form of a glass of ale.
He represented to the emperor “the low condition of his treasury; that he was forced to take up money at a great discount; that exchequer bills would not circulate under nine per cent.
What is the ruinous discount which Mordecai, the broker, gets from poor Woebegone, the bankrupt, on a loan to keep Woebegone's family from starvation; what is that ruinous discount but a Fast-Fish?

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