discount

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discount,

n 1. an allowance or deduction made from a gross sum.
v 2. to reduce the amount of a professional fee.
References in periodicals archive ?
However, Pipe's claims were rejected by the Jockey Club's veterinary director P eter Webbon who, having consulted vets from the Animal Health Trust and Racecourse Association on Tuesday, said the risk of infection rising from the sampling box was discountable.
Fujii reckons that over 50 percent of these are not discountable, owing to the issuers' small size--rather than because of financial performance problems.
In the case of closely held companies, particularly if S shareholder agreements have stringent transferability restrictions, the stock is highly illiquid and, thus, discountable for lack of marketability.