discounting noun3 •The act or process by which something is discounted. •The act or process of deducting part of a charge, debt, etc.Similarly, discountings by FICBs are available only for short- and intermediate-term agricultural loans but not for the wide range of other rural credit needs. — 1972 •The act or process of dismissing from consideration.It is human to have experienced losses, defeats, put-downs, snubs, rejections, criticisms, and discountings. — 1997 formsdiscountings