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
The Turkish central bank is ready to source unlimited funding for lira rediscount credits extended to exporter companies, a source with knowledge of central bank actions said on Wednesday.
From Reuters • Jul. 6, 2022
It also enables them, faced with sudden demands for cash, to rediscount their '"paper" and obtain cash quickly.
From Time Magazine Archive
Q. Do you rediscount bills from other banks?
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
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.
