Looking for the meaning of the word REDISCOUNT in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of REDISCOUNT with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Rediscount
Speech Type: Verb
Audio Pronunciation:
Phonetic Spelling:
riːˈdɪskaʊnt
Dialects: British English
Definition:
(of a central bank) discount (a bill of exchange or similar instrument) that has already been discounted by a commercial bank
Short Definition:(of central bank) discount that has already been discounted by commercial bank
Examples:- the bank does not rediscount eligible bills back to the market in such cases
Word: Rediscount
Speech Type: Noun
Audio Pronunciation:
Phonetic Spelling:
riːˈdɪskaʊnt
Dialects: British English
Definition:
the action of rediscounting something
Short Definition:action of rediscounting something
Examples:- eligibility for rediscount at the Bank of England
- the Bank does not announce its rediscount rate
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