discounting

verb

1. To deduct from an account, debt, charge, and the like.“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“the banks discount notes and bills of exchange”
3. To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
4. To leave out of account or regard as unimportant.“They discounted his comments.”