1

rediscount

verb re·dis·count \ (ˌ)rē-ˈdi-ˌskau̇nt , ˌrē-di-ˈskau̇nt- \

Definition of rediscount

rediscounted; rediscounting; rediscounts
: to discount (something, such as commercial paper) again

rediscountable

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

First Known Use of rediscount

1838

in the meaning defined above

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2

rediscount

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

Definition of rediscount

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

First Known Use of rediscount

1892

in the meaning defined at sense 1

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