rediscounting
/riːˈdɪskaʊntɪŋ/
noun
- The process of a central bank buying short-term debt from commercial banks to increase the money supply.
- The central bank engaged in rediscounting to help banks during the crisis.
- The policy of rediscounting helped stabilize the financial system.
- Rediscounting is a tool used to control interest rates.
verb
- Present participle of rediscount; discounting again, especially a financial instrument.
- The finance team is rediscounting the loan papers.
- They are rediscounting the bills to improve their cash flow.
- The bank is rediscounting the promissory note with the central bank.