discounting
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 Dis·count v. t. [imp. & p. p. Discounted; p. pr. & vb. n. Discounting.]
 1. To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
 2. To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
    Discount only unexceptionable paper.   --Walsh.
 3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
 4. To leave out of account; to take no notice of. [R.]
    Of the three opinions (I discount Brown's).   --Sir W. Hamilton.