rediscount

[ ree-dis-kount ]

verb (used with object)

1. to discount again.

noun

1. an act of rediscounting.
2. Usually rediscounts. commercial paper discounted a second time.

Word History and Origins

Origin of rediscount¹

First recorded in 1865–70; re- + discount

Example Sentences

Since 2020, the central bank has expanded its arsenal of tools, including relending and rediscount facilities and other low-cost loans.

From Reuters

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

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

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

The central bank also will cut the rediscount rate to 5%, after lowering it to 6% from 7% on March 26, and the overnight interest rate in the country's interbank market to 8% from 9%.

From Wall Street Journal