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Glite Dictionary
🔁 To discount again 💵 A discounted bill 📉 A discount rate 🏦 Discounting again
to rediscount

to rediscount

1 8.3
To sell a bill or note again to a bank to get money
  • verb
  • /ˌriːdɪsˈkaʊnt/
  • Specialized
: redescuentar
  • To manage cash flow, the company decided to rediscount several of its promissory notes.

Examples

  • Banks may rediscount bills with the central bank during times of financial stress.

  • The central bank agreed to rediscount commercial paper to support liquidity in the market.

  • The bank will rediscount the treasury bills.

  • Did the central bank rediscount any loans last week?

  • The bank decided to rediscount the promissory notes to increase its liquidity.

  • To improve cash flow, the company chose to rediscount its outstanding invoices at the central bank.

  • After reviewing the financial reports, the managers opted to rediscount the bills to manage their funds more effectively.

Surface Forms

rediscount infinitive
rediscounted past
rediscounted past participle
rediscounting present participle
rediscounts third person singular

Morphology

rediscount = discount (transparent) = re + discount

This is standard prefixation with 're-' meaning 'again' added to the financial verb 'discount'.

Etymology

Rediscount comes from the parts re- 'again' and discount 'to reduce the value of a bill'. To rediscount is to discount a bill 'again', for example when a bank sells its paper to the central bank to get immediate funds.