0 if a bank rediscounts a debt instrument (= loan), it buys it from another bank before the date it would normally be paid back for less than the amount owed, after the other bank has already done this for the original lender: --
1 the process of buying a debt instrument (= loan) for a lower price before the date it has to be paid back, for a second or third time: --
rediscount facilities
the rediscount rate
We can complete it step by step however long the road is and it can't be completed however short the road is if you don't even mark your footprint.
We kunnen het stap voor stap voltooien, hoe lang de weg ook is en het kan niet worden voltooid, hoe kort de weg ook is, als je niet eens je voetafdruk markeert.