Simple past tense and past participle of rediscount.(verb)
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Use "rediscounted" in a sentence
"You can see that with sev'al hundred thousand dolla's of deferred payments on what we have sold, most of which have been rediscounted in the East by the G.B. T.,"
"But to date more than half of these rediscounted bills have been paid."
"Assets rediscounted under the TALF are non-recourse loans, which means that the Fed will bear all risks associated with these assets."