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, 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
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.
From Reuters ● May 6, 2022
This Board has the power to fix the rediscount rates of the Reserve Banks.
From Time Magazine Archive
In other countries there has not been even this much of an attempt toward fulfilling the functions of a central bank of rediscount.
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.
