- a discount allowed for payment of an invoice or bill before it falls due.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for time discount
Time-discount, as will be more fully explained, is the basis of interest.
Time-discount is involved in goods, however, in numberless cases where there is no contract interest.
There is thus a close relation between saving and the rate of time-discount.
Rent and time-discount remain essentially different stages in the value problem.