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rediscount

[ree-dis-kount]

verb (used with object)

  1. to discount again.



noun

  1. an act of rediscounting.

  2. Usually rediscounts. commercial paper discounted a second time.

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Word History and Origins

Origin of rediscount1

First recorded in 1865–70; re- + discount
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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.

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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.

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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.

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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.

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The central bank also will cut the rediscount rate to 5%, after lowering it to 6% from 7% on March 26, and the overnight interest rate in the country's interbank market to 8% from 9%.

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