Discounted
/ˈdɪskaʊntɪd/
Definitions
- (adj.) Reduced in amount or value by a deduction, often reflecting present value or a reduced price in financial or contractual contexts.
The discounted price was offered to the buyer as an incentive for early payment.
- (v.) Past tense and past participle of discount, meaning to reduce the value of a sum or to regard as less significant.
The court discounted the evidence presented by the defense.
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Commentary
As a past participle, 'discounted' functions adjectivally or verbally, often relating to valuation or financial adjustments in contracts and finance law.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.