单词 | rediscounting |
释义 | rediscountingn. The action or process of rediscount v. ΘΚΠ society > trade and finance > monetary value > price > discount > [noun] > discounting > again rediscounting1832 1832 D. C. Judson Let. 5 Oct. in Documents of Assembly of N.Y. (1835) III. 83 Without exchange or paying in other paper at the time of each renewal, or rediscounting, the bank has no means of paying its own paper. 1861 Jrnl. Statist. Soc. 24 98 The singular circumstance of the withdrawal by Overend and Co., of 1,550,000l. in notes from the Bank of England, in consequence of their dissatisfaction with the bank rule against rediscounting for brokers. 1899 Jrnl. Polit. Econ. 7 462 Some large people's-banks, about sixty, readily give the privilege of rediscounting for them to banks of smaller size. 1931 Economist 2 May 946/2 This, in its turn, has occasioned a very decided increase in rediscounting. 1961 Ann. Reg. 1960 491 Gerrard and Reid, discount brokers, were granted borrowing and rediscounting facilities at the Bank of England. 2001 CEPAL Rev. 75 (United Nations) Dec. 84/1 Rediscounting would be used only in limited cases: when a harvest failed or exports went down and there was an outflow of hard money. This entry has been updated (OED Third Edition, September 2009; most recently modified version published online March 2022). < n.1832 |
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