rediscount

[ ree-dis-kount ]

/ riˈdɪs kaʊnt /

to discount again.

an act of rediscounting.

Usually rediscounts. commercial paper discounted a second time.

Origin of rediscount

First recorded in 1865–70; re- + discount

Exclusion of collateral loans from rediscount will certainly contribute much to bring this about.

Readings in Money and Banking |Chester Arthur Phillips
To make assurance doubly sure, the rediscount of loans secured by stocks and bonds is specifically prohibited.

Readings in Money and Banking |Chester Arthur Phillips
In other words, to rediscount its commercial paper would affect a bank's credit.

Readings in Money and Banking |Chester Arthur Phillips
A rediscount in this instance would not constitute a loan to the country bank and would have absolutely no effect on its credit.

Readings in Money and Banking |Chester Arthur Phillips

They depend on the Reichsbank and the Bank of France for rediscount in times of need.

Readings in Money and Banking |Chester Arthur Phillips