discountable

A customer receives a discountable bill for paying early.

Definition

1. Adjective:
   • Capable of being discounted: "discountable" refers to something that can be reduced in price, value, or amount, often due to early payment, cash payment, or a special arrangement.
   • Subject to a discount: In finance, it describes a bill of exchange, promissory note, or other financial instrument that can be sold or traded at a reduced value before its maturity date.
   • Capable of being disregarded or minimized: In figurative or informal use, it means something that can be treated as less important, unreliable, or unworthy of full consideration.

Usage Examples

• Financial context:

  • This promissory note is discountable at the bank. (The note can be sold to the bank for less than its face value before it is due.)
  • The invoice includes a discountable amount for early payment. (The total can be reduced if paid promptly.)

• General context:

  • The rumor is discountable because it comes from an unreliable source. (The rumor can be ignored or considered unimportant.)
  • Some of the old inventory is discountable to clear space for new stock. (Some items can be sold at a lower price to make room.)

Advanced Usage

• "discountable paper": A financial term for a short-term debt instrument that can be sold at a discount.

  • The company issued discountable paper to raise quick cash. (They sold short-term notes at a reduced price.)

• "discountable claim": In insurance or law, a claim that can be reduced or partially denied.

  • The insurance adjuster found the claim partially discountable due to policy exclusions. (The claim amount could be reduced.)

Variants and Related Words

• Discount (noun/verb): a reduction in price or value; to reduce or disregard.

  • The store offers a discount on bulk purchases. (A price reduction.)
  • We should discount his opinion because he is biased. (Ignore or minimize.)

• Discountable (adj): the word itself, as defined above.

• Discountability (noun): the quality of being discountable.

  • The discountability of these bonds makes them attractive to investors. (The ease with which they can be sold at a reduced price.)

Synonyms

• Reducible: capable of being made smaller in amount.
• Deductible: capable of being subtracted (often used for taxes or costs).
• Disregardable: capable of being ignored or treated as unimportant.
• Minimizable: capable of being made less significant.

Related Idioms

• "Take with a grain of salt": to treat something as not entirely reliable or discountable.

  • You should take his story with a grain of salt; it's highly discountable. (Do not fully believe it.)

• "Not worth the paper it's written on": describing a document that is discountable or valueless.

  • The guarantee is discountable because the company is bankrupt. (It has no real value.)