discount house

[ dis-kount hous ]

noun

1. Also called discount store. a store that sells much of its merchandise at a price below the usual price.
2. British. bill broker.

discount house

noun

1. a financial organization engaged in discounting bills of exchange, etc on a large scale primarily by borrowing call money from commercial banks
2. another name for discount store

Word History and Origins

Origin of discount house¹

First recorded in 1945–50

Example Sentences

This "cash," as it is called, really consists chiefly of loans made by the banks to the discount houses, and regarded by the banks as the most liquid of their resources.

From Project Gutenberg

The bill brokers and discount houses make a business of dealing in foreign and domestic bills of exchange.

From Project Gutenberg

I used to read about the great discount houses and other things that conveyed absolutely nothing to my mind.

From Project Gutenberg

Other wheels in London's credit machinery are the London offices of colonial and foreign banks, and the bill brokers or discount houses which deal in bills of exchange and constitute the discount market.

From Project Gutenberg

Bills are drawn of greater number and greater magnitude, and through the agencies of banks and discount houses, the savings of the country are invested in such bills.

From Project Gutenberg

Related Words

• boutique
• chain store
• convenience store
• deli
• department store
• discount store
• drugstore
• emporium
• grocery store
• market
• outlet
• shop
• shopping center
• showroom
• supermarket