This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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v. Third-person singular simple present indicative form of rediscount.

n. Plural form of rediscount.

"Besides the regular line of bonds and mortgages growing out of debts due us on our real-estate sales, and against which we had issued the debentures and the guaranteed rediscounts of the Grain Belt Trust"

rediscounted    rediscounting    rediscounts