Discordance, Discordancy

[Fr. discordance, from Lat, disc or dans.] Want of concord; disagreement; opposition; inconsistency; discord. Discordant, a . [Fr.] Wanting concord or agreement; in a state of opposition; being at variance; not coincident; disagreeing; incongruous; contradictory; repugnant; contrary; not in unison; di onant; inharmonious; harsh; jarring. (Mus.) Applied to all di onant or inharmonious sounds, whether succe ive or simultaneous. Discord'antly, adv . In a discordant manner. Discord i a. ( Myth . ) The godde of mischief, daughter of Nox, and sister to the avenging Nemesis, was expelled from heaven for breeding discord among the gods. Irritated at not being invited to attend the nuptials of Peleus and Thetis, she threw into the midst of the godde es the famous golden apple, bearing the inscription Detur pulchriori , "Let it be given to the most beautiful," which occasioned the famous contest of which Paris was the umpire. This contest was the cause of the fall of Troy, and of innumerable calamities. Dis'count, n. [Sp. descontar ; Fr. décompte .] ( Com .) An allowance made on a bill, or any other debt not yet become due, in consideration of present payment. It is usual in commercial dealings to allow for D. a sum equal to the interest on the debt from the time of payment to the time when it actually becomes due; which sum is deducted from the whole amount. Thus, a person holding a bill for $100.00 payable in one year at 7 per cent. would receive $93.00, which would be considered its present value. The true D. of any sum for any given time, is such a sum as will in that time amount to the interest of the sum to be discounted. Elaborate tables have been calculated, showing the D. on any sum for any given number of days, so as to facilitate the computation, and are used by all banks and bankers. D. tables are also interest tables; care must be taken, however, not to confound interest with discount. D. is the abatement in advance ; interest is payment of usage of money, paid at the end of the period or at maturity. The term discount is also applied: - to the sum deducted or refunded; -to a deduction on the price of purchased merchandise, in consideration of immediate payment; - and to the depreciation in value of any fixed investment.