rediscount
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rediscount
v.
give a second discount, make an additional reduction in price or value
n.
second discount, additional reduction in price or value
Rediscount
Rediscount is the act of discounting a short-term negotiable debt instrument for a second time. Banks may rediscount these short-term debt securities to assist the movement of a market that has a high demand for loans. When there is low liquidity in the market, banks can generate cash by rediscounting short-term securities.
Rediscount
To discount short-term negotiable
debt instruments for a second time, after they have been discounted with a bank.
rediscount
REDISCOUNT
RISCONTO. RISCONTARE. SCONTARE DI NUOVO