rediscount

verb
re·​dis·​count | \(ˌ)rē-ˈdi-ˌskau̇nt, ˌrē-di-ˈskau̇nt-\
rediscounted; rediscounting; rediscounts

Definition of rediscount 

(Entry 1 of 2)

transitive verb

: to discount (something, such as commercial paper) again

rediscount

noun
re·​dis·​count | \(ˌ)rē-ˈdi-ˌskau̇nt \

Definition of rediscount (Entry 2 of 2)

1 : the act or process of rediscounting

2 : negotiable paper that is rediscounted

Other Words from rediscount

Verb

rediscountable \(ˌ)rē-​ˈdi-​ˌskau̇n-​tə-​bəl, ˌrē-​di-​ˈskau̇n-​ \ adjective

First Known Use of rediscount

Verb

1838, in the meaning defined above

Noun

1892, in the meaning defined at sense 1

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The first known use of rediscount was in 1838

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