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REDISCOUNT
\ɹˌiːdɪskˈa͡ʊnt], \ɹˌiːdɪskˈaʊnt], \ɹ_ˌiː_d_ɪ_s_k_ˈaʊ_n_t]\
Definitions of REDISCOUNT
1910 - Black's Law Dictionary (2nd edition)
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Discounting
an
instrument
a
second
time
.
Each
time
a
discount
is
given
the
credit
risk
goes
up
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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