Act or process of deducing or inferring.
Act of deducting or taking away; subtraction; as, the deduction of the subtrahend from the minuend.
That which is deduced or drawn from premises by a process of reasoning; an inference; a conclusion.
That which is or may be deducted; the part taken away; abatement; as, a deduction from the yearly rent in compensation for services; deductions from income in calculating income taxes.
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.
To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
To leave out of account; to take no notice of.
To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.
A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
The rate of interest charged in discounting.
