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/282856/to-rediscountRSS for NodeFri, 26 Jun 2026 16:03:13 GMTSun, 29 Jan 2023 21:25:09 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:

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