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DISCOUNTED, pp. 1. Deducted from a principal sum; paid back; refunded or allowed; as, the sum of five per cent was discounted. 2. Having the amount lent on discount or deduction of a sum in advance; as, the bill was discounted for sixty days.
1. Deducted from a principal sum; paid back; refunded or allowed; as, the sum of five per cent was discounted.
2. Having the amount lent on discount or deduction of a sum in advance; as, the bill was discounted for sixty days.
