rediscount

2 ENTRIES FOUND:

1re·dis·count

verb \(ˌ)rē-ˈdis-ˌkant, ˌrē-dis-ˈ\

Definition of REDISCOUNT

transitive verb
:  to discount again (as commercial paper)
re·dis·count·able \-ˌkan-tə-bəl, -ˈkan-\ adjective

First Known Use of REDISCOUNT

1838

2re·dis·count

noun \(ˌ)rē-ˈdis-ˌkant\

Definition of REDISCOUNT

1
:  the act or process of rediscounting
2
:  negotiable paper that is rediscounted

First Known Use of REDISCOUNT

1892

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