Pronunciation: (rē-dis'kount), Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/rediscount.html on line 71 [key]
to discount again.
1. an act of rediscounting.
2. Usually, rediscounts. commercial paper discounted a second time.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.