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rediscount

Syllabification: (re·dis·count)
Pronunciation: /rēˈdisˌkount/
Finance
Definition of rediscount

verb

[with object]
  • (of a central bank) discount (a bill of exchange or similar instrument) that has already been discounted by a commercial bank.

noun

  • the action of rediscounting something.

rediscount in other Oxford dictionaries

Definition of rediscount in the British & World English dictionary
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