rediscount

1 of 2

verb

re·​dis·​count (ˌ)rē-ˈdi-ˌskau̇nt 

ˌrē-di-ˈskau̇nt-

rediscounted; rediscounting; rediscounts

transitive verb

: to discount (something, such as commercial paper) again

rediscountable

(ˌ)rē-ˈdi-ˌskau̇n-tə-bəl 

ˌrē-di-ˈskau̇n-

adjective

rediscount

2 of 2

noun

re·​dis·​count (ˌ)rē-ˈdi-ˌskau̇nt 

1

: the act or process of rediscounting

2

: negotiable paper that is rediscounted

Word History

First Known Use

Verb

1838, in the meaning defined above

Noun

1892, in the meaning defined at sense 1