rediscount

rediscount
/ri:'dɪskaυnt/ verb
to discount a bill of exchange which has already been discounted by a commercial bank

Dictionary of banking and finance. 2015.

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  • rediscount — [rē dis′kount] vt. to discount (esp. commercial paper) for a second time n. 1. the act or process of rediscounting 2. rediscounted commercial paper rediscountable adj …   English World dictionary

  • rediscount — To discount short term negotiable debt instruments for a second time, after they have been discounted with a bank. Bloomberg Financial Dictionary * * *    Purchase before maturity by a central bank of a government obligation or other financial… …   Financial and business terms

  • Rediscount — The act of discounting a short term negotiable debt instrument for a second time. Banks may rediscount these short term debt securities to assist the movement of a market that has a high demand for loans. When there is low liquidity in the market …   Investment dictionary

  • rediscount Finance — verb (of a central bank) discount (a bill of exchange) that has already been discounted by a commercial bank. noun the action of rediscounting …   English new terms dictionary

  • rediscount rate — ☆ rediscount rate n. the rate of interest charged by a district Federal Reserve Bank for rediscounting top grade commercial paper offered by its member banks …   English World dictionary

  • rediscount rate — noun : the discount rate charged by Federal Reserve banks for rediscounting commercial paper for member banks or making secured advances to them on their own notes * * * the rate charged by the Federal Reserve Bank to member banks for… …   Useful english dictionary

  • rediscount — I. transitive verb Date: 1838 to discount again (as commercial paper) • rediscountable adjective II. noun Date: 1892 1. the act or process of rediscounting 2. negotiable paper that is rediscounted …   New Collegiate Dictionary

  • rediscount — /ree dis kownt/, v.t. 1. to discount again. n. 2. an act of rediscounting. 3. Usually, rediscounts. commercial paper discounted a second time. [1865 70; RE + DISCOUNT] * * * …   Universalium

  • rediscount — 1. verb To discount again 2. noun A second or subsequent discount …   Wiktionary

  • rediscount — re·dis·count || ‚rɪː dɪskaÊŠnt n. second discount, additional reduction in price or value v. give a second discount, make an additional reduction in price or value …   English contemporary dictionary

  • rediscount — re·dis·count …   English syllables

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