Part 338

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.

<! p. 422 !>

Dis"count` (?; 277), v. i. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Dis"count` (?), n. [Cf. F. décompte. See Discount, v. t.] 1. 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.

2. A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.

3. The rate of interest charged in discounting.

At a discount, below par, or below the nominal value; hence, colloquially, out of favor; poorly esteemed; depreciated. -- Bank discount, a sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it become due. -- Discount broker, one who makes a business of discounting commercial paper; a bill broker. -- Discount day, a particular day of the week when a bank discounts bills. -- True discount, the interest which, added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note.

Dis*count"a*ble (?), a. Capable of being, or suitable to be, discounted; as, certain forms are necessary to render notes discountable at a bank.

Dis*coun"te*nance (?), v. t. [imp. & p. p. Discountenanced (?); p. pr. & vb. n. Discountenancing (?).] [Pref. dis- + countenance: cf. OF. descontenancer, F. décontenancer.] 1. To ruffle or discompose the countenance of; to put of countenance; to put to shame; to abash.

How would one look from his majestic brow . . . Discountenance her despised!

Milton.

The hermit was somewhat discountenanced by this observation.

Sir W. Scott.

2. To refuse to countenance, or give the support of one's approval to; to give one's influence against; to restrain by cold treatment; to discourage.

A town meeting was convened to discountenance riot.

Bancroft.

Dis*coun"te*nance, n. Unfavorable aspect; unfriendly regard; cold treatment; disapprobation; whatever tends to check or discourage.

He thought a little discountenance on those persons would suppress that spirit.

Clarendon.

Dis*coun"te*nan*cer (?), n. One who discountenances; one who disfavors. Bacon.

Dis"count`er (?), n. One who discounts; a discount broker. Burke.

Dis*cour"age (?; 48), v. t. [imp. & p. p. Discouraged (?); p. pr. & vb. n. Discouraging (?).] [Pref. dis- + courage: cf. OF. descoragier, F. décourager: pref. des- (L. dis-) + corage, F. courage. See Courage.] 1. To extinguish the courage of; to dishearten; to depress the spirits of; to deprive of confidence; to deject; -- the opposite of encourage; as, he was discouraged in his undertaking; he need not be discouraged from a like attempt.