To deduct from an account, debt, charge, and the like.
Merchants sometimes discount five or six per cent for prompt payment of bills.
To lend money upon, deducting the discount or allowance for interest
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 or regard as unimportant.
They discounted his comments.
To lend, or make a practice of lending, money, abating the discount
(transactional analysis) To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.