Discounted meaning : To deduct from an account, debt, charge, and the like. To lend money upon, deducting the discount or allowance for interest To take into consideration beforehand; to anticipate and form conclusions concerning (an event). To leave out of account or regard as unimportant. To lend, or make a practice of lending, money, abating the discount (transactional analysis) To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.