"discounts" in the noun sense
1. discount, price reduction, deduction
the act of reducing the selling price of merchandise
2. discount rate, discount, bank discount
interest on an annual basis deducted in advance on a loan
3. rebate, discount
a refund of some fraction of the amount paid
4. deduction, discount
an amount or percentage deducted
"discounts" in the verb sense
1. dismiss, disregard, brush aside, brush off, discount, push aside, ignore
bar from attention or consideration
"She dismissed his advances"
give a reduction in price on
"I never discount these books-they sell like hot cakes"
Source: WordNet® (An amazing lexical database of English)
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