Dis*coun"sel (?), v. t. [Pref. dis- + counsel: cf. OF. desconseiller.] To dissuade. [Obs.] Spenser.
Dis"count` (?; 277), v. t. [imp. & p. p. Discounted; p. pr. & vb. n. Discounting.] [OF. desconter, descompter, to deduct, F. décompter to discount; pref. des- (L. dis-) + conter, compter. See Count, v.] 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).