discount market
noun[S]
ukusFINANCE
in the UK, thepartof thefinancialsystemin whichbillsofexchangeareboughtandsoldat areducedprice:
WeacceptBills of Exchange andarrangefor them to bediscountedon thediscountmarket.
COMMERCE
thegroupofcompaniesorstoreswithin aparticularindustrythatsellsproductsorservicesatlowerthanusualprices:
Thedecisionby some of Britain'straditionaldepartmentstorestoenterthediscountmarketcouldforceconsolidation.