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discount house

noun
1.
Also called discount store. a store that sells much of its merchandise at a price below the usual price.
2.
British, bill broker.
Origin
1945-1950
1945-50
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for discount store

discount store

noun
1.
a shop where goods are sold at a low price

discount house

noun
1.
(mainly Brit) a financial organization engaged in discounting bills of exchange, etc on a large scale primarily by borrowing call money from commercial banks
2.
(mainly US) another name for discount store
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Encyclopedia Article for discount store

in merchandising, a retail store that sells products at prices lower than those asked by traditional retail outlets. Some discount stores are similar to department stores in that they offer a wide assortment of goods; indeed, some are called discount department stores.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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