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
By lowering the rediscount rate the Board can indirectly induce the reverse process.
From Time Magazine Archive
To make assurance doubly sure, the rediscount of loans secured by stocks and bonds is specifically prohibited.
From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips
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