if a bank rediscounts a debt instrument (= loan) , it buys it from another bank before the date it would normally be paid back for less than the amount owed, after the other bank has already done this for the original lender:

]]>https://definedictionarymeaning.com/topic/238644/rediscountingRSS for NodeSun, 14 Jun 2026 05:26:55 GMTSun, 19 Sep 2021 07:25:18 GMT60the process of buying a debt instrument (= loan) for a lower price before the date it has to be paid back, for a second or third time:

]]>https://definedictionarymeaning.com/post/415315https://definedictionarymeaning.com/post/415315Sun, 19 Sep 2021 07:25:19 GMT