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discounted

adj. · v.
US //ˈdɪsˌkaʊnɪd// UK //dɪskˈaʊntɪd// dis·count·ed
  1. 1 at a lower price (adj.)
    B1 Intermediate

    sold at a cheaper price than the original cost.

    offered for sale at a reduced price or with a deduction from the standard cost.

    Example

    I bought these shoes at a discounted price during the summer sale.

    Example

    The retailer managed to clear its excess inventory by offering heavily discounted rates to loyalty card members during the off-season.

  2. 2 ignored or dismissed (v.)
    B2 Upper Intermediate

    to have decided that an idea or fact is not worth considering or is not true.

    to have dismissed or ignored a possibility, fact, or person as being unworthy of serious consideration.

    Example

    The police discounted his story because he had lied to them before.

    Example

    The board discounted the initial findings of the report, arguing that the sample size was too small to represent the national population accurately.

    Usage

    Often used in the passive voice to describe ideas or theories.

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  1. 3 financial value (adj.)
    C1 Advanced Technical Academic Math

    describes a future amount of money that has been changed to show what it is worth today.

    relating to the present value of a future payment or stream of payments, adjusted for interest or risk.

    Example

    The company calculated the discounted cash flow to see if the project was worth it.

    Example

    Analysts used a discounted cash flow model to determine the intrinsic value of the firm's long-term assets in a volatile market.

    Usage

    Common in finance and accounting contexts.

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