This section is from the "A Complete Dictionary of Dry Goods" book, by George S. Cole. Also available from Amazon: A complete dictionary of dry goods and history of silk, cotton, linen, wool and other fibrous substances,: Including a full explanation of the modern processes ... together with various useful tables.
Discount. A part deducted from the count; hence in trade an allowance or deduction, generally of so much per cent., made for prepayment or prompt payment of a bill.
 
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