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rediscount

[ree-dis-kount] /riˈdɪs kaʊnt/
verb (used with object)
1.
to discount again.
noun
2.
an act of rediscounting.
3.
Usually, rediscounts. commercial paper discounted a second time.
Origin of rediscount
1865-1870
First recorded in 1865-70; re- + discount
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for rediscount
Historical Examples
  • And don't start with the rediscount and the Series W business again.

    The Adventurer Cyril M. Kornbluth
  • The lack of a central bank and of a rediscount market is to a degree compensated by unity of action among the banks.

    Banking William A. Scott
  • We do not rediscount our bills in the market either; so every transaction we enter into we have to see through to the very end.

    Readings in Money and Banking

    Chester Arthur Phillips
  • It may be a discount bureau, or a rediscount bureau, a national clearing house, or a national or regional reserve association.

    Readings in Money and Banking

    Chester Arthur Phillips
  • In other words, to rediscount its commercial paper would affect a bank's credit.

    Readings in Money and Banking

    Chester Arthur Phillips
  • A rediscount in this instance would not constitute a loan to the country bank and would have absolutely no effect on its credit.

    Readings in Money and Banking

    Chester Arthur Phillips
  • To make assurance doubly sure, the rediscount of loans secured by stocks and bonds is specifically prohibited.

    Readings in Money and Banking

    Chester Arthur Phillips
  • Exclusion of collateral loans from rediscount will certainly contribute much to bring this about.

    Readings in Money and Banking

    Chester Arthur Phillips
  • They depend on the Reichsbank and the Bank of France for rediscount in times of need.

    Readings in Money and Banking

    Chester Arthur Phillips

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