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discount market UK US noun [S]
► FINANCE in the UK, the part of the financial system in which bills of exchange are bought and sold at a reduced price: »
We accept Bills of Exchange and arrange for them to be discounted on the discount market.
► COMMERCE the group of companies or stores within a particular industry that sells products or services at lower than usual prices: »
The decision by some of Britain's traditional department stores to enter the discount market could force consolidation.
Financial and business terms. 2012.