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
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
For the seventh time since the stockmarket crash of October 1929, the Federal Reserve Bank of New York last week lowered its rediscount rate.
From Time Magazine Archive
They will feel the need for less reserves, also, with a wider rediscount market.
From The Value of Money by Benjamin M. Anderson
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