rediscount in English
noun
1
the action of rediscounting something.
The rate cut, the 14th in the past two years, reduced the key rediscount rate from 1.875 percent to 1.625 percent, effective today.
verb
1
(of a central bank) discount (a bill of exchange or similar instrument) that has already been discounted by a commercial bank.
Here, we would presume he has in mind the ECB monetizing private debt by rediscounting existing private liabilities, or using them in open market operations.
Use "rediscount" in a sentence
Below are sample sentences containing the word "rediscount" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "rediscount", or refer to the context using the word "rediscount" in the English Dictionary.
1. 22 Those banks could then at some stage rediscount the bills with the central bank, allowing countries to refinance for about one percent a year during the "emergency period.