The noun discount refers to an amount or percentage deducted from the normal selling price of something. If you wait until after the holiday, you can often buy goods at a steep discount — just make sure you need all that stuff.
The noun discount means a reduction in price of a good or service. You can ask the manager for a discount if the item is damaged. As a verb, discount means to reduce the price. The manager can discount the item for you. The verb discount also means to disregard, underestimate, or dismiss. If you are a teenager, people will often discount your opinion — but you should keep expressing it because eventually people will listen!