Rediscount Definition
 rēdiskount 
    verb
  
 To discount (esp. commercial paper) for a second time.
 Webster's New World 
To discount again.
Wiktionary 
    noun
  
 The act or process of rediscounting.
 Webster's New World 
Rediscounted commercial paper.
 Webster's New World 
A second or subsequent discount.
Wiktionary 
Origin of Rediscount
-  re- +"Ž discount From Wiktionary 
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