Discount vs Premium - What's the difference?
discount | premium | Antonyms |
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.
Superior in quality; higher in price or value.
A prize or award.
Something offered at a reduced price as an inducement to buy something else.
A bonus paid in addition to normal payments.
The amount to be paid for an insurance policy.
An unusually high value.
(finance) The amount by which a security's value exceeds its face value.
Premium is a antonym of discount.
As nouns the difference between discount and premium
is that discount is a reduction in price while premium is a prize or award.As adjectives the difference between discount and premium
is that discount is of goods, available at reduced prices; discounted while premium is superior in quality; higher in price or value.As a verb discount
is to deduct from an account, debt, charge, and the like; to make an abatement of.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.
