rediscount
Americanverb (used with object)
noun
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an act of rediscounting.
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Usually rediscounts. commercial paper discounted a second time.
Etymology
Origin of rediscount
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Since 2020, the central bank has expanded its arsenal of tools, including relending and rediscount facilities and other low-cost loans.
From Reuters ● Mar. 3, 2023
Since 2020, when the world's second-largest economy was first jolted by the coronavirus, the central bank has expanded its arsenal of structural policy tools, including relending and rediscount facilities and other low-cost loans.
From Reuters ● Jan. 29, 2023
China’s outstanding relending and rediscount loans totalled 2.47 trillion yuan at the end of March, a rise of 526.3 billion yuan year-on-year, the central bank said.
From Reuters ● May 6, 2022
By lowering the rediscount rate the Board can indirectly induce the reverse process.
From Time Magazine Archive
The proposed Federal Reserve Banks are to hold a part of the reserves of member banks and to rediscount commercial paper, administer exchange accounts, and conduct clearings for them.
From Banking by Scott, William A.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
