Rediscount is the act of discounting a short-term negotiable debt instrument for a second time. Banks may rediscount these short-term debt securities to assist the movement of a market that has a high demand for loans. When there is low liquidity in the market, banks can generate cash by rediscounting short-term securities. Rediscount is a way of ...
Found on
http://en.wikipedia.org/wiki/Rediscount
To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosr.htm
To discount short-term negotiable debt instruments for a second time, after they have been discounte
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
