Meaning of "rediscount" in the English dictionary

PRONUNCIATION OF REDISCOUNT

rediscount  [riːˈdɪskaʊnt]

GRAMMATICAL CATEGORY OF REDISCOUNT

Rediscount is a verb.

The verb is the part of the sentence that is conjugated and expresses action and state of being.

See the conjugation of the verb rediscount in English.

WHAT DOES REDISCOUNT MEAN IN ENGLISH?

Rediscount

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 providing financing to a bank or other financial institution. Especially in the 19th century and early 20th century banks made loans to their customers by "discounting" the customer's note. The note is a paper document, in a specified form, where the borrower promises to repay a certain amount at a specified date. Let's say the customer wants to borrow $1000. The bank may ask him to sign a note promising to repay $1100 in one year. The bank is "discounting" the note by paying less than the $1100 face amount. The extra $100 is of course the bank's compensation for paying before the note matures. The Federal Reserve System could provide financing by "rediscounting" this note. Maybe the Fed would give the bank $1050 for the note.

Definition of rediscount in the English dictionary

The definition of rediscount in the dictionary is to discount again, especially something such as a debt security or treasury note.

CONJUGATION OF THE VERB TO REDISCOUNT

PRESENT

Present

I rediscount

you rediscount

he/she/it rediscounts

we rediscount

you rediscount

they rediscount

Present continuous

I am rediscounting

you are rediscounting

he/she/it is rediscounting

we are rediscounting

you are rediscounting

they are rediscounting

Present perfect

I have rediscounted

you have rediscounted

he/she/it has rediscounted

we have rediscounted

you have rediscounted

they have rediscounted

Present perfect continuous

I have been rediscounting

you have been rediscounting

he/she/it has been rediscounting

we have been rediscounting

you have been rediscounting

they have been rediscounting

Present tense is used to refer to circumstances that exist at the present time or over a period that includes the present time. The present perfect refers to past events, although it can be considered to denote primarily the resulting present situation rather than the events themselves.

PAST

Past

I rediscounted

you rediscounted

he/she/it rediscounted

we rediscounted

you rediscounted

they rediscounted

Past continuous

I was rediscounting

you were rediscounting

he/she/it was rediscounting

we were rediscounting

you were rediscounting

they were rediscounting

Past perfect

I had rediscounted

you had rediscounted

he/she/it had rediscounted

we had rediscounted

you had rediscounted

they had rediscounted

Past perfect continuous

I had been rediscounting

you had been rediscounting

he/she/it had been rediscounting

we had been rediscounting

you had been rediscounting

they had been rediscounting

Past tense forms express circumstances existing at some time in the past,

FUTURE

Future

I will rediscount

you will rediscount

he/she/it will rediscount

we will rediscount

you will rediscount

they will rediscount

Future continuous

I will be rediscounting

you will be rediscounting

he/she/it will be rediscounting

we will be rediscounting

you will be rediscounting

they will be rediscounting

Future perfect

I will have rediscounted

you will have rediscounted

he/she/it will have rediscounted

we will have rediscounted

you will have rediscounted

they will have rediscounted

Future perfect continuous

I will have been rediscounting

you will have been rediscounting

he/she/it will have been rediscounting

we will have been rediscounting

you will have been rediscounting

they will have been rediscounting

The future is used to express circumstances that will occur at a later time.

CONDITIONAL

Conditional

I would rediscount

you would rediscount

he/she/it would rediscount

we would rediscount

you would rediscount

they would rediscount

Conditional continuous

I would be rediscounting

you would be rediscounting

he/she/it would be rediscounting

we would be rediscounting

you would be rediscounting

they would be rediscounting

Conditional perfect

I would have rediscount

you would have rediscount

he/she/it would have rediscount

we would have rediscount

you would have rediscount

they would have rediscount

Conditional perfect continuous

I would have been rediscounting

you would have been rediscounting

he/she/it would have been rediscounting

we would have been rediscounting

you would have been rediscounting

they would have been rediscounting

Conditional or "future-in-the-past" tense refers to hypothetical or possible actions.

IMPERATIVE

Imperative

you rediscount
we let´s rediscount
you rediscount

The imperative is used to form commands or requests.

NONFINITE VERB FORMS

Infinitive

to rediscount

Past participle

rediscounted

Present Participle

rediscounting

Infinitive shows the action beyond temporal perspective. The present participle or gerund shows the action during the session. The past participle shows the action after completion.

TRANSLATION OF REDISCOUNT

Find out the translation of rediscount to 25 languages with our English multilingual translator.

The translations of rediscount from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «rediscount» in English.

• Translator English - Chinese: 再贴现
• Translator English - Spanish: redescuento
• English: rediscount
• Translator English - Hindi: rediscount
• Translator English - Arabic: إعادة الخصم
• Translator English - Russian: переучет
• Translator English - Portuguese: redesconto
• Translator English - Bengali: rediscount
• Translator English - French: réescompte
• Translator English - Malay: Rediscount
• Translator English - German: Rediskont-
• Translator English - Japanese: 再割引
• Translator English - Korean: rediscount
• Translator English - Javanese: Rediscount
• Translator English - Vietnamese: tái chiết khấu
• Translator English - Tamil: மறுகழிவு
• Translator English - Marathi: फेरबदल
• Translator English - Turkish: reeskont
• Translator English - Italian: risconto
• Translator English - Polish: redyskonta weksli
• Translator English - Ukrainian: переоблік
• Translator English - Romanian: de refinanțare
• Translator English - Greek: αναπροεξοφλήσεως
• Translator English - Afrikaans: herdiskonto
• Translator English - Swedish: redis
• Translator English - Norwegian: rediscount

10 ENGLISH BOOKS RELATING TO «REDISCOUNT»

Discover the use of rediscount in the following bibliographical selection. Books relating to rediscount and brief extracts from same to provide context of its use in English literature.

Advanced Study in Money and Banking: Theory and Policy ...

16.2.5 THE BANK OF REDISCOUNT AND THE LENDER OF LAST RESORT Like the custody of bank reserves, the functions of rediscount and the lender of last resort developed out of the special position of the bank which was granted the ...

Perminder Khanna, 2005

Finance and Development Planning in Turkey

2 There are three advantages from the banks' point of view in making loans at this rate: the first is the possiblity of rediscounting the bill at the Central Bank at a rate of rediscount which more than compensates for the lower rate received by ...

Maxwell J. Fry, 1972

Monetary Theory and Public Policy

HIGHER REDISCOUNT RATES In general, higher rediscount rates 1 increase the cost of borrowing for business and consumer spending, and therefore tend to restrain excess activity based on borrowed funds. The supposed sequence is high ...

Kenneth K. Kurihara, 2013

Mission Expansion in the Federal Home Loan Bank System

The president had initially contemplated a grander mortgage rediscount system. With European models in mind, he had envisioned a facility that would rediscount mortgages on “productive” real estate for all types of financial institutions that ...

Susan M. Hoffmann, Mark K. Cassell, 2010

Financial Sector Reforms, Economic Growth, and Stability: ...

This, in turn, should have allowed the central bank to withdraw gradually from its involvement in development financing by adjusting its rediscount rate to positive real levels. The policy of steadily augmenting the rediscount rate, however, ...

Shakil Faruqi, Suman K. Bery, 1994

The Gambia: Demand for Broad Money and Implications for ...

Oct. 2004 The Central Bank of The Gambia (CBG) reduced the rediscount rate by 1 percentage point from 34 percent to 33 percent. Dec. 2004 The CBG reduced the rediscount rate by 2 percentage points from 33 percent to 31 percent. Jan.

Subramanian S. Sriram, 2009

Implications of a Surge in Capital Inflows - Available Tools ...

In many cases, most of the rediscounts and loans granted by the central banks are mere automatic rediscount of priority loans extended by commercial banks, often specialized banks, to enterprises in certain target sectors. In this case, the ...

Jang-Yung Lee, 1996

Caribbean Basin Financing Opportunities: A Guide to ...

The Export Rediscount Facility, a Barbadian Central Bank program, provides short-term financing for nontraditional exports through the commercial banking system. This facility was established in 1981 through an Inter-American Development ...

‎1992

Economic Reform and Development in China

Under complete market conditions, the central bank applies a rediscount policy to influence the interest rate. When the rediscount rate is readjusted, it will change commercial banks' cost of borrowed funds, thereby precipitating readjustments ...

Yining Li, 2012

The Gambia: Staff-Monitored Program (EPub)

However, the CBG also uses the rediscount rate to signal its monetary policy stance although no transactions have been taking place at the rediscount window. Staff commended the CBG for the smooth and transparent manner in which the ...

International Monetary Fund, 2006

10 NEWS ITEMS WHICH INCLUDE THE TERM «REDISCOUNT»

Find out what the national and international press are talking about and how the term rediscount is used in the context of the following news items.

Banks draw less rediscount loans on higher rates, ample liquidity

Banks took out fewer loans through the Bangko Sentral ng Pilipinas (BSP) rediscount window as of end-June, on higher rediscounting rates and ample money ... «GMA News, Jul 15»

News In Brief

The central bank released P189 million of rediscounting loans to thrift and rural banks as of end-June, down 74.3 percent from the same period last year of P735 ... «Manila Bulletin, Jul 15»

Bank rediscounting loans shrink further to P189M

MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) reported yesterday a continued decline in the use of its rediscounting facility by local banks in the ... «Philippine Star, Jul 15»

LCCI, interest rates and the economy

Given that outcome, the apex bank minimum rediscount rate should be close to the recorded inflation level thereby paving the way for lending rates (that are ... «The Guardian Nigeria, May 15»

Peso rediscount loans 4-mth drop slows to 86%

THE decline in loans under the peso rediscount facility of the central bank slowed in the first four months of 2015 from the comparable period a year earlier. «The Manila Times, May 15»

Small banks Q1 rediscount loans drop 82%

Borrowings by thrift and rural banks under the peso rediscount facility of the central bank fell by a steep 81.8 percent in the first quarter from a year ago, ... «The Manila Times, Apr 15»

Uganda lending rates climb higher

“The rediscount rate and the bank rate will therefore be increased to 15% and 16% respectively,” Mutebile said. The Central Bank Rate has been stationed at ... «East African Business Week, Apr 15»

Bangko Sentral rediscount loans down 75.2% amid ample money …

Loans taken by rural and thrift banks under the Bangko Sentral ng Pilipinas (BSP) peso rediscount facility further slipped as of end-February, reflecting ample ... «GMA News, Mar 15»

Uganda keeps rate at 11% till April

The band o the CBR will be maintained at +/-2% points and the Rediscount rate at 3% points on the CBR. Consequently, the rediscount rate and the bank rate ... «East African Business Week, Feb 15»

Bangko Sentral rediscount lending declines further in January

Banks – mostly thrift and rural institutions – took out some P61 million from the peso rediscount facility in January, down 69.4 percent from a year earlier, the ... «GMA News, Feb 15»