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rediscount

 - 3 dictionary results

re⋅dis⋅count

  [ree-dis-kount]
Use rediscount in a Sentence
–verb (used with object)
1. to discount again.
–noun
2. an act of rediscounting.
3. Usually, rediscounts. commercial paper discounted a second time.
Origin:
1865–70; re- + discount
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To rediscount
re·dis·count   (rē-dĭs'kount')   
tr.v.   re·dis·count·ed, re·dis·count·ing, re·dis·counts
To discount again.
n.  

  1. The act of rediscounting.

  2. Commercial paper that is discounted a second time. Often used in the plural.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

rediscount

To discount a negotiable instrument a second time.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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