rediscount a bill of exchange
1rediscount Finance — verb (of a central bank) discount (a bill of exchange) that has already been discounted by a commercial bank. noun the action of rediscounting …
2rediscount — /ri: dɪskaυnt/ verb to discount a bill of exchange which has already been discounted by a commercial bank …
3Credit Control — Banking A series on Financial services …
4rediscounting — The discounting of a bill of exchange or promissory note that has already been discounted by someone else, usually by a discount house A central bank, acting as lender of last resort, may be said to be rediscounting securities submitted to it by… …
5money market — the short term trade in money, as in the sale and purchase of bonds and certificates. [1925 30] * * * Set of institutions, conventions, and practices whose aim is to facilitate the lending and borrowing of money on a short term basis. The money… …
6ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …
7discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …
8discount — In a general sense, an allowance or deduction made from a gross sum on any account whatever. In a more limited and technical sense, the taking of interest in advance. A deduction from an original price or debt, allowed for paying promptly or in… …
