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rediscount

[ree-dis-kount] /riˈdɪs kaʊnt/
verb (used with object)
1.
to discount again.
noun
2.
an act of rediscounting.
3.
Usually, rediscounts. commercial paper discounted a second time.
Origin
1865-1870
1865-70; re- + discount
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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