discount marketnoun [ S ]
ukusFINANCE 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.