What's the difference between discount and surcharge?

Discount


Definition:

  • (v.) To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
  • (v.) To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
  • (v.) To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
  • (v.) To leave out of account; to take no notice of.
  • (v. i.) To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
  • (v. t.) A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.
  • (v. t.) A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
  • (v. t.) The rate of interest charged in discounting.

Example Sentences:

  • (1) The government’s increase in the discount offered to tenants has prompted a massive increase in purchases of local authority accommodation.
  • (2) A 20% discount will save the average first-time buyer £43,000 on a £218,000 home (the average cost paid by such buyers), which would leave a revenue shortfall of £8bn from income if current regulatory obligations had been retained on the 200,000 homes.
  • (3) • plans to consult on increasing discounts under right to buy.
  • (4) Tesco has revamped its budget range of value products with a new range of own-label “farm” brands as it steps up its fight against German discounters Aldi and Lidl.
  • (5) They cover popular claims involving discounts such as "was £3, now £2" or "half price", which must now only be offered for the same or less time than the product was initially sold at the higher price.
  • (6) • Plans to consult on increasing discounts under right to buy – the scheme which allows social housing tenants to buy their properties.
  • (7) A modified delayed-reinforcement scheduling procedure enabled a previous methodological criticism to be discounted.
  • (8) When I peruse a potential bargain I know I am influenced more by the extent of the reduction than whether the discounted item is something we really want.
  • (9) This difference was even more significant--16.4 and -0.5%--when usage of oral contraceptives and intrauterine devices was discounted.
  • (10) A major disruption in primary metabolism and hence secondary metabolism was discounted since eight primary metabolism enzymes showed no evidence of unusual changes in specific activity when normal and manganese-deficient cultures were compared.
  • (11) "Women with children are blamed for combining motherhood with paid work, and women with no children are sidelined and discounted because they are not mothers."
  • (12) Britain's Department of Health and Social Security (DHSS) seems to have badly miscalculated in discounting the political necessity of immediately introducing legislation to ban surrogate parenthood arrangements.
  • (13) The new plug-in car grant, a plan first revealed by the Guardian last April , will offer car-buyers a maximum £5,000 discount on electric, plug-in hybrid and hydrogen vehicles from 1 January 2011.
  • (14) Comparison of these figures assumes the controversial point that preclinical cancer will always progress to invasive carcinoma if left untreated and takes no account of inflation and discounting.
  • (15) The discount retailer, which sells products ranging from biscuits to dog food and washing-up liquid, said total sales increased more than 12% to nearly £350m in the three months to the end of December.
  • (16) By discounting the relevance of child sexual trauma, psychiatric clinicians and theoreticians overlook not only the therapeutic needs of many survivors but the opportunity to reconceptualize the role of trauma in the etiology and treatment of conditions presumed to be incurable.
  • (17) Established methods of drug product management, such as formularies and MACs, were most commonly reported by HMOs; however, nearly half reported using new approaches, including contracts with manufacturers, incentives, such as discounts and rebates based on use, and exclusive or preferred status.
  • (18) In one clothes shop, with racks of discounted Calvin Klein and DKNY, the manager, Sav, explains what's happened: "In this crisis, the middle classes have been hollowed out."
  • (19) The average amount of life expectancy gained by immediate cholecystectomy compared with expectant management is 52 days, which is reduced to 23 days using 5% discounting.
  • (20) Tesco’s accounting scandal has led to concerns about the way the sector handles payments from suppliers for promoting products or hitting sales targets, and UK grocers are operating under fierce competition from discounters such as the German company Aldi which has reported a 65% rise in profits in the UK.

Surcharge


Definition:

  • (v. t.) To overload; to overburden; to overmatch; to overcharge; as, to surcharge a beast or a ship; to surcharge a cannon.
  • (v. t.) To overstock; especially, to put more cattle into, as a common, than the person has a right to do, or more than the herbage will sustain. Blackstone.
  • (v. t.) To show an omission in (an account) for which credit ought to have been given.
  • (n.) An overcharge; an excessive load or burden; a load greater than can well be borne.
  • (n.) The putting, by a commoner, of more beasts on the common than he has a right to.
  • (n.) The showing an omission, as in an account, for which credit ought to have been given.

Example Sentences:

  • (1) I wrote to Uber, which stated that it adds a 2.6 surcharge on days when there is likely to be a lot of demand – it was Ladies’ Day.
  • (2) The local council is calling on food and drink shops to impose a 10p surcharge on all sugary soft beverages, with the proceeds to be put into a children’s health and food education trust.
  • (3) Not only did they sit on their hands when they knew about the extra surcharge for the UK, we now learn they also underestimated the scale of the UK’s contribution in 2013.
  • (4) Facebook or Google's YouTube are not the culture industries so much as the vulture industries, taking an information surcharge from us while we amuse each other, and selling us to advertisers.
  • (5) Energy firms would be required to impose the same surcharge for direct debit.
  • (6) Hatoyama will have to reconcile his bold initiative with election pledges to eliminate road tolls and petrol surcharges.
  • (7) If they pay the capital amount on an agreed instalment basis, that should be sufficient.” The UK’s position could be further weakened by indications that the Netherlands – which was hit with a £600m surcharge – is ready to go along with the deal.
  • (8) In miniature, Sajid Javid’s approval of touts is part of the same ideology that sees every available inch of public life exploited for profit, every transaction monetised at every possible point, from energy to entertainment, often at the expense of those least able to afford the surcharges.
  • (9) Revenue from the state surcharge would be earmarked for the states.
  • (10) France has been considering a 3% surcharge on earnings over €500,000, and Spain is considering a return to a wealth tax.
  • (11) Islington council will introduce a £96 per year diesel vehicle parking surcharge on 1 April.
  • (12) David Cameron’s refusal to pay a European budget surcharge of £1.7bn by the end of the month will incur punitive extra costs, with interest charged instantly on a rising monthly scale, the new European commission warned on Monday on its first working day in office.
  • (13) Isles such as Mykonos and Santorini would see a surcharge on hotel rooms, services and goods.
  • (14) Similarly, Sanders is running against the political establishment and calling for a fundamental restructuring of the social compact; grounded by premium-free healthcare and free public college , funded by steep tax hikes on the rich and across-the-board surcharges and fueled by what he’s calling a “political revolution”.
  • (15) Employers may use these data to reduce costs by not hiring tobacco users, adding surcharges for their health insurance, and strongly encouraging cessation.
  • (16) Financial planning for an RDF includes four analytical tasks: assessment of the potential market, estimation of the costs of an RDF, establishment of the cost-recovery objectives, definition of the role of subsidies and surcharges.
  • (17) We have had a strong start to the year with a record first quarter driven by a number of sales transactions being brought forward before the introduction of the additional stamp duty surcharge on buy-to-let properties,” Budden said.
  • (18) Judge John Stobart ordered the protesters to pay £10 compensation each to the RAF, £75 in costs and a £15 victim surcharge.
  • (19) This surcharge will also apply even if the main home you currently own is overseas.
  • (20) The penalty is in addition to fines, victim surcharges, compensation orders and prosecution costs.