verb
- discounts (a negotiable instrument) that has already been discounted
Usage: banking; finance
noun
- negotiable instruments that have been discounted again
Usage: banking; finance
Examples
- The central bank rediscounts commercial paper from member banks.
- The Federal Reserve rediscounts eligible securities to provide liquidity.
- Banks often seek rediscounts during periods of tight credit.
- The institution’s rediscounts helped maintain adequate cash flow.
- These rediscounts represent previously discounted commercial notes.
- The portfolio includes various rediscounts from regional banks.