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rediscount

[ree-dis-kount]

verb (used with object)

1.

to discount again.

noun

2.

an act of rediscounting.

3.

Usually, rediscounts. commercial paper discounted a second time.

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Rediscount is one of our favorite verbs.

So is peculate. Does it mean:

to steal or take dishonestly (money, esp. public funds, or property entrusted to one's care); embezzle.

to swindle, cheat, hoodwink, or hoax.

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Origin:
1865–70; re- + discount

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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discount rate eligible paper

Quote Of The Day

"If someday I make a dictionary of definitions wanting single words to head them, a cherished entry will be "To abridge, expand, or otherwise alter or cause to be altered for the sake of belated improvement, one's own writings in translation.""

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