rediscount
[ree-dis-kount]
- to discount again.
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- an act of rediscounting.
- Usually rediscounts. commercial paper discounted a second time.
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Origin of rediscount
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for rediscount
Historical Examples
And don't start with the rediscount and the Series W business again.
The AdventurerCyril 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.
BankingWilliam 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 BankingChester 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 BankingChester Arthur Phillips
In other words, to rediscount its commercial paper would affect a bank's credit.
Readings in Money and BankingChester Arthur Phillips