rediscount

We do not rediscount our bills in the market either; so every transaction we enter into we have to see through to the very end.

It may be a discount bureau, or a rediscount bureau, a national clearing house, or a national or regional reserve association.

In other words, to rediscount its commercial paper would affect a bank's credit.

A rediscount in this instance would not constitute a loan to the country bank and would have absolutely no effect on its credit.

To make assurance doubly sure, the rediscount of loans secured by stocks and bonds is specifically prohibited.