Definition of "rediscounting" []

• Present participle of rediscount. (verb)

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• "The Philippines last week increased its so-called rediscounting rate, one of the interest rates it charges lenders for borrowing money from the central bank."
• "The Philippines increased its so-called rediscounting rate, one of the interest rates it charges lenders for borrowing money from the central bank."
• "The Philippines increased its so-called rediscounting rate, one of the interest rates it charges lenders for borrowing money from the central bank, as it began unwinding stimulus measures."