2. Noun. A second or subsequent discount ¹
¹ Source: wiktionary.com
Definition of Rediscount
1. discount [v -ED, -ING, -S] - See also: discount
Lexicographical Neighbors of Rediscount
Literary usage of Rediscount
Below you will find example usage of this term as found in modern and/or classical literature:
1. Caribbean Basin Financing Opportunities: Guide to Financing Trade (1992)
"Export rediscount Facility The Export rediscount Facility, ... The Central Bank
will ordinarily consider rediscount only for bills with credit periods of 30 ..."
2. Banking Reform by James Laurence Laughlin (1912)
"Benefit of an Institution for rediscount willing. Thus a very distinct limit to
the amount of accommodation that can be obtained by local merchants is found ..."
3. Money and Banking: Illustrated by American History by Horace White (1911)
"... E COMMERCIAL PAPER ELIGIBLE FOR rediscount The Reserve Bank Organization
Committee, on February 6, requested the New York Clearing House Association to ..."
4. Information Annual (1916)
"New regulations governing rediscount of commercial paper by federal reserve banks
were issued Ja 29 by the Federal Reserve Board. They were designed to meet ..."
5. Bank Credit: A Study of the Principles and Factors Underlying Advances Made by Chester Arthur Phillips (1920)
"... rediscount Rate as a Factor in Credit Extension Within the limits indicated
the extension of the loans and resulting reserve deposits or Federal Reserve ..."
6. Principles of Business by Charles William Gerstenberg (1918)
"rediscountS Paper eligible for rediscount.—A note, draft or bill of exchange to
be eligible for rediscount: (a) Must be one the proceeds of which have been ..."
7. Principles of Business by Charles William Gerstenberg (1922)
"rediscountS Paper eligible for rediscount.—A note, draft or bill of exchange to
be eligible for rediscount: (a) Must be one the proceeds of which have been ..."
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