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rediscount: Meaning and Definition of

re•dis•count

Pronunciation: (rē-dis'kount), [key]
— v.t.
  1. to discount again.
—n.
  1. an act of rediscounting.
  2. Usually,commercial paper discounted a second time.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
redirect rediscount rate
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