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Allowance vs Discount - What's the difference?

allowance | discount | Synonyms |

As nouns the difference between allowance and discount

is that allowance is the act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance while discount is a reduction in price.

As verbs the difference between allowance and discount

is that allowance is to put upon a fixed allowance (especially of provisions and drink); to supply in a fixed and limited quantity while discount is to deduct from an account, debt, charge, and the like; to make an abatement of.

As an adjective discount is

of goods, available at reduced prices; discounted.

allowance

Alternative forms

* allowaunce (obsolete)

Noun

(en noun)
  • The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.
  • * Without the king's will or the state's allowance. --
  • Acknowledgment.
  • * The censure of the which one must in your allowance overweigh a whole theater of others. --
  • That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.
  • * I can give the boy a handsome allowance. -- .
  • Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.
  • * After making the largest allowance for fraud. -- .
  • (commerce) A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.
  • A child's allowance; pocket money.
  • She gives her daughters each an allowance of thirty dollars a month.
  • (minting) A permissible deviation in the fineness and weight of coins, owing to the difficulty in securing exact conformity to the standard prescribed by law.
  • (obsolete) approval; approbation
  • (Crabbe)
  • (obsolete) license; indulgence
  • (John Locke)

    Synonyms

    * (money) * (minting) (l), (l)

    Verb

    (allowanc)
  • To put upon a fixed allowance (especially of provisions and drink); to supply in a fixed and limited quantity.
  • The captain was obliged to allowance his crew.
    Our provisions were allowanced .

    discount

    Verb

    (en verb)
  • To deduct from an account, debt, charge, and the like; to make an abatement of.
  • 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.
  • * Walsh
  • Discount only unexceptionable paper.
  • To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
  • To leave out of account; to take no notice of.
  • * Sir William Hamilton
  • Of the three opinions, (I discount Brown's), under this head, one supposes that the law of Causality is a positive affirmation, and a primary fact of thought, incapable of all further analysis.
  • :They discounted his comments.
  • To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
  • Noun

    (en noun)
  • A reduction in price.
  • 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.
  • Synonyms

    * (reduction in price) rebate, reduction

    Antonyms

    * surcharge

    Derived terms

    * quantity discount * rediscount * seasonal discount

    Descendants

    * German:

    Adjective

    (-)
  • Of goods, available at reduced prices; discounted.
  • This store specializes in discount wares.
  • Of a store, specializing in goods at reduced prices.
  • If you're looking for cheap clothes, there's a discount clothier around the corner.

    Anagrams

    * English heteronyms ----