Discord i a

Zell's Condensed Dictionary · 1879 · p. 16
(dis-korde-ah.) (Myt.) Daughter of Nox and Terra, and sister to Nemesis, D., as the godde of mischief, was ejected from heaven for throwing among the female deities the famous golden apple-inscribed Detur pulchriori-which provoked the competition of Juno,Venus, and Minerva, in which Paris played the part of umpire and gave the palm of beauty to Venus. Discount,(dis'kount.) [Fr. décompte.] (Com.) An allowance made to the payer of a bill or any other debt not yet become due, in consideration of immediato or prior payment; in other words, the D. allowed on a bill at time of payment is equivalent to the interest on the same which would accrue in the period between the date of actual payment and the time at which the bill becomes due. D. is an abatement made for payment in advance; interest, on the other hand, is the charge made for the use of money for a certain time. The D. at banks is usually the amount of legal interest paid by the borrower, and deducted from the sum borrowed at the commencement of the credit; hence, to D. a bill of exchange is to pay it before it becomes due, deducting a certain sum, calculated at the then rate of value of money, for the accommodation. D., again, is a deduction made from the customary price of an article of purchase, inconsideration of cash payment being substituted for the usual term of credit. Also, any stock or fixed investment is said to be at a discount when the shares there- [s. 201]
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