Discount vs Credit - What's the difference?
discount | credit | Related terms |
To deduct from an account, debt, charge, and the like; to make an abatement of.
To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
* Walsh
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
:They discounted his comments.
To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
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.
Of goods, available at reduced prices; discounted.
Of a store, specializing in goods at reduced prices.
To believe; to put credence in.
* Shakespeare
(accounting) To add to an account (confer debit.)
To acknowledge the contribution of.
To bring honour or repute upon; to do credit to; to raise the estimation of.
* South
Reliance on the truth of something said or done; faith; trust.
* Bible, 1 Macc. x. 46
(uncountable) Recognition and respect.
* Cowper
* {{quote-news
, year=2011
, date=December 10
, author=David Ornstein quoting (David Moyes)
, title=Arsenal 1 - 0 Everton
, work=BBC Sport
(countable) Acknowledgement of a contribution, especially in the performing arts.
Written titles and other information about the TV program or movie shown at the beginning and/or end of the TV program or movie.
(uncountable, legal, business) A privilege of delayed payment extended to a buyer or borrower on the seller's or lender's belief that what is given will be repaid.
The time given for payment for something sold on trust.
(uncountable, US) A person's credit rating or creditworthiness, as represented by their history of borrowing and repayment (or non payment).
(accounting) An addition to certain accounts.
(tax accounting) A reduction in taxes owed, or a refund for excess taxes paid.
A source of value, distinction or honour.
* Alexander Pope
An arbitrary unit of value, used in many token economies.
(uncountable) Recognition for having taken a course (class).
(countable) A (course credit), a credit hour – used as measure if enough courses have been taken for graduation.
As verbs the difference between discount and credit
is that discount is to deduct from an account, debt, charge, and the like; to make an abatement of while credit is to believe; to put credence in.As nouns the difference between discount and credit
is that discount is a reduction in price while credit is reliance on the truth of something said or done; faith; trust.As an adjective discount
is of goods, available at reduced prices; discounted.discount
Verb
(en verb)- Merchants sometimes discount five or six per cent for prompt payment of bills.
- Discount only unexceptionable paper.
- 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.
Noun
(en noun)Synonyms
* (reduction in price) rebate, reductionAntonyms
* surchargeDerived terms
* quantity discount * rediscount * seasonal discountDescendants
* German:Adjective
(-)- This store specializes in discount wares.
- If you're looking for cheap clothes, there's a discount clothier around the corner.
External links
* * *Anagrams
* English heteronyms ----credit
English
Verb
(en verb)- Someone said there were over 100,000 people there, but I can't credit that.
- How shall they credit / A poor unlearned virgin?
- Credit accounts receivable with the amount of the invoice.
- For the payroll period credit employees' tips to their wages paid account and debit their minimum wage payable account.
- The full amount of the purchase has been credited to your account.
- I credit the town council with restoring the shopping district.
- Credit the point guard with another assist.
- You credit the church as much by your government as you did the school formerly by your wit.
Noun
- When Jonathan and the people heard these words they gave no credit into them, nor received them.
- I give you credit for owning up to your mistake.
- He arrived five minutes late, but to his credit he did work an extra ten minutes at the end of his shift.
- John Gilpin was a citizen / Of credit and renown.
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- She received a singing credit in last year's operetta.
- They kissed, and then the credits rolled.
- In view of your payment record, we are happy to extend further credit to you.
- a long credit''' or a short '''credit
- What do you mean my credit is no good?
- Didn't you know that the IRS will refund any excess payroll taxes that you paid if you use the 45(B) general business credit ?
- That engineer is a credit to the team.
- I published, because I was told I might please such as it was a credit to please.
- To repair your star cruiser will cost 100,000 credits .
- Would you like to play? I put in a dollar and I've got two credits left.
- If you do not come to class, you will not get credit for the class, regardless of how well you do on the final.
- Dude, I just need 3 more credits to graduate – I can take socio-linguistics of Swahili if I want.