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What does rediscounted mean?

Looking for the meaning or definition of the word rediscounted? Here's what it means.

Verb
  1. simple past tense and past participle of rediscount
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It excludes loans for business purposes, rediscounted loans, loans secured by real estate, and wholesale and lease financing.
Being a new bank, having a large share of assets in loans, and having a large share of loans rediscounted decreases the expected time until the bank fails.
Gross credit data include bills rediscounted with the Reserve Bank of India, Industrial Development Bank of India, Exim Bank and other approved financial institutions.
Gross bank credit data include bills rediscounted with the Reserve Bank, Exim Bank, other financial institutions and inter-bank participations.

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