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Discount vs. Commission — What's the Difference?

Discount vs. Commission — What's the Difference?

Difference Between Discount and Commission

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Discount

To sell or offer for sale at a reduced price
Discounting all merchandise.

Commission

An instruction, command, or role given to a person or group
One of his first commissions was to redesign the Great Exhibition building
He received a commission to act as an informer

Discount

To reduce in quantity or value
Discount a price.

Commission

A group of people entrusted by a government or other official body with authority to do something
A commission was appointed to investigate allegations of police violence

Discount

To deduct or subtract from a cost or price
Discounted 30 dollars off the price of the coat.
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Commission

A sum, typically a set percentage of the value involved, paid to an agent in a commercial transaction
He sold cosmetics on commission
Foreign banks may charge a commission

Discount

To determine the present value of (a future payment or series of payments).

Commission

A warrant conferring the rank of officer in an army, navy, or air force
He has resigned his commission
She intended to apply for a commission in the army

Discount

To price (a bond or other debt security) at a reduction to its face value, especially in place of a coupon.

Commission

The action of committing a crime or offence
The commission of an arrestable offence
The errors are of omission rather than commission

Discount

To disregard or doubt (something) as being exaggerated or untrustworthy
Discount a rumor.

Commission

Order or authorize the production of (something)
The portrait was commissioned by his widow in 1792

Discount

To underestimate the significance or effectiveness of; minimize
I made sure in my report not to discount your accomplishments.

Commission

Bring (something newly produced) into working condition
The aircraft carrier was commissioned in 1945
We had a few hiccups getting the heating equipment commissioned

Discount

To anticipate and make allowance for; reckon with in advance.

Commission

Appoint (someone) to the rank of officer in an army, navy, or air force
He was commissioned into the Royal Fusiliers

Discount

A reduction from the full or standard amount of a price or value.

Commission

The act of granting certain powers or the authority to carry out a particular task or duty.

Discount

The amount by which the face value of a bond or other debt security exceeds its market price.

Commission

The authority so granted.

Discount

Offering products or services for sale at low or reduced prices
A discount retailer.
A discount airline.

Commission

The matter or task so authorized
Investigation of fraud was their commission.

Discount

Sold or offered for sale at a low or reduced price
Discount merchandise.

Commission

A document conferring such authorization.

Discount

Reduced in quantity or value
Discount airfares.

Commission

A public board or administrative body
The Federal Trade Commission investigates false advertising.

Discount

Priced below face value, especially in place of a coupon
A discount bond.

Commission

Often Commission A ruling council within the Mafia that adjudicates family disputes and regulates family activities.

Discount

To deduct from an account, debt, charge, and the like.
Merchants sometimes discount five or six per cent for prompt payment of bills.

Commission

The act of committing or perpetrating
The commission of a crime.

Discount

To lend money upon, deducting the discount or allowance for interest
The banks discount notes and bills of exchange

Commission

A fee or percentage allowed to a sales representative or an agent for services rendered.

Discount

To take into consideration beforehand; to anticipate and form conclusions concerning (an event).

Commission

An official document issued by a government, conferring on the recipient the rank of a commissioned officer in the armed forces.

Discount

To leave out of account or regard as unimportant.
They discounted his comments.
They discounted his suggestion.
They discounted his idea.

Commission

The rank and powers so conferred.

Discount

To lend, or make a practice of lending, money, abating the discount

Commission

To grant a military commission to.

Discount

To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.

Commission

To grant authority for (something to be made or done); place an order for
Commission a new symphony for the festival.

Discount

A reduction in price.
This store offers discounts on all its wares. That store specializes in discount wares, too.

Commission

To authorize or engage (someone to do something)
Commission an architect to design a building.

Discount

(finance) A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.

Commission

To put (a ship) into active service.

Discount

The rate of interest charged in discounting.

Commission

A sending or mission (to do or accomplish something).

Discount

(figurative) A lack or shortcoming.

Commission

An official charge or authority to do something, often used of military officers.
David received his commission after graduating from West Point.

Discount

The act of one who believes, or act as though they believe, that their own feelings are more important than the reality of a situation.

Commission

The thing to be done as agent for another.
I have three commissions for the city.

Discount

Specializing in selling goods at reduced prices.
If you're looking for cheap clothes, there's a discount clothier around the corner.

Commission

A body or group of people, officially tasked with carrying out a particular function.
The European Commission
The Electoral Commission
The Federal Communications Commission
The company's sexual harassment commission made sure that every employee completed the on-line course.

Discount

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.

Commission

A fee charged by an agent or broker for carrying out a transaction.
A reseller's commission
The real-estate broker charged a four percent commission for their knowledge on bidding for commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfying deal with the seller in favour of the buyer.

Discount

To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
Discount only unexceptionable paper.

Commission

The act of committing (e.g. a crime or error).
The commission, preparation or instigation of an act of terrorism

Discount

To take into consideration beforehand; to anticipate and form conclusions concerning (an event).

Commission

(transitive) To send or officially charge someone or some group to do something.
James Bond was commissioned with recovering the secret documents.

Discount

To leave out of account; to take no notice of.
Of the three opinions (I discount Brown's).

Commission

(transitive) To place an order for (often a piece of art).
He commissioned a replica of the Mona Lisa for his living room, but the painter gave up after six months.

Discount

To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Commission

To put into active service.
The aircraft carrier was commissioned in 1944, during WWII.

Discount

A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.

Commission

The act of committing, doing, or performing; the act of perpetrating.
Every commission of sin introduces into the soul a certain degree of hardness.

Discount

A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.

Commission

The act of intrusting; a charge; instructions as to how a trust shall be executed.

Discount

The rate of interest charged in discounting.

Commission

The duty or employment intrusted to any person or persons; a trust; a charge.

Discount

The act of reducing the selling price of merchandise

Commission

A formal written warrant or authority, granting certain powers or privileges and authorizing or commanding the performance of certain duties.
Let him see our commission.

Discount

Interest on an annual basis deducted in advance on a loan

Commission

A certificate conferring military or naval rank and authority; as, a colonel's commission.

Discount

A refund of some fraction of the amount paid

Commission

A company of persons joined in the performance of some duty or the execution of some trust; as, the interstate commerce commission.
A commission was at once appointed to examine into the matter.

Discount

An amount or percentage deducted

Commission

The acting under authority of, or on account of, another.

Discount

Bar from attention or consideration;
She dismissed his advances

Commission

To give a commission to; to furnish with a commission; to empower or authorize; as, to commission persons to perform certain acts; to commission an officer.

Discount

Give a reduction in price on;
I never discount these books-they sell like hot cakes

Commission

To send out with a charge or commission.
A chosen bandHe first commissions to the Latian land.

Commission

A special group delegated to consider some matter;
A committee is a group that keeps minutes and loses hours

Commission

A fee for services rendered based on a percentage of an amount received or collected or agreed to be paid (as distinguished from a salary);
He works on commission

Commission

The act of granting authority to undertake certain functions

Commission

The state of being in good working order and ready for operation;
Put the ships into commission
The motor was out of commission

Commission

A group of representatives or delegates

Commission

A formal statement of a command or injunction to do something;
The judge's charge to the jury

Commission

An official document issued by a government and conferring on the recipient the rank of an officer in the armed forces

Commission

The act of committing a crime

Commission

A special assignment that is given to a person or group;
A confidential mission to London
His charge was deliver a message

Commission

Put into commission; equip for service; of ships

Commission

Place an order for

Commission

Charge with a task

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