rediscount
1 of 2verb
re·dis·count (ˌ)rē-ˈdi-ˌskau̇nt 
ˌrē-di-ˈskau̇nt-
rediscounted; rediscounting; rediscounts
transitive verb
: to discount (something, such as commercial paper) again
rediscountable
(ˌ)rē-ˈdi-ˌskau̇n-tə-bəl
adjective ˌrē-di-ˈskau̇n-
rediscount
2 of 2noun
re·dis·count (ˌ)rē-ˈdi-ˌskau̇nt
1
: the act or process of rediscounting
2
: negotiable paper that is rediscounted
Word History
First Known Use
Verb
1838, in the meaning defined above
Noun
1892, in the meaning defined at sense 1