Meaning of the word discounted in English

What does discounted mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

discounted

US /ˈdɪskaʊntɪd/
UK /dɪsˈkaʊntɪd/

Adjective

reduced in price

Example:
The store is offering discounted prices on all electronics this week.
We got discounted tickets for the concert.

Verb

to regard (a possibility, fact, or feeling) as being unworthy of consideration because it lacks credibility or importance

Example:
He discounted the rumors as mere gossip.
The committee discounted her proposal due to lack of evidence.