- to discount again.
- an act of rediscounting.
- Usually rediscounts. commercial paper discounted a second time.
Origin of rediscount
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for rediscount
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.
It may be a discount bureau, or a rediscount bureau, a national clearing house, or a national or regional reserve association.
In other words, to rediscount its commercial paper would affect a bank's credit.