What is another word for rediscounting?
Pronunciation: [ɹˌiːdɪskˈa͡ʊntɪŋ] (IPA) 
Rediscounting refers to the process of selling bills or negotiable instruments at a reduced price to a financial institution. There are several synonyms for the term "rediscounting" that can be used interchangeably. These include discounting, re-lending, refinancing, and reselling. Discounting involves selling an instrument, such as a check, at a reduced cost in exchange for immediate payment. Re-lending involves a financial institution lending funds to a borrower who then repays the loan with interest. Refinancing involves taking out a new loan to pay off an existing one, often at a lower interest rate. Reselling refers to the process of selling securities or other assets that have been purchased.
