rediscount
Americanverb (used with object)
noun
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an act of rediscounting.
-
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
And many a bull, in Manhattan and in Chicago, damned bitterly the Federal Reserve Bank's efforts to undo, by raising the rediscount rate, the mischief it had done.
From Time Magazine Archive
Exclusion of collateral loans from rediscount will certainly contribute much to bring this about.
From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips
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