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Deduction vs Discount - What's the difference?

deduction | discount |

As nouns the difference between deduction and discount

is that deduction is that which is deducted; that which is subtracted or removed while discount is a reduction in price.

As a verb 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.

deduction

English

Noun

(en noun)
  • That which is deducted; that which is subtracted or removed
  • A sum that can be removed from tax calculations; something that is written off
  • You might want to donate the old junk and just take the deduction .
  • (logic) A process of reasoning that moves from the general to the specific, in which a conclusion follows necessarily from the premises presented, so that the conclusion cannot be false if the premises are true.
  • A conclusion; that which is deduced, concluded or figured out
  • He arrived at the deduction that the butler didn't do it.
  • The ability or skill to deduce or figure out; the power of reason
  • Through his powers of deduction , he realized that the plan would never work.

    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 ----