1. Soft Skills Courses
  2. ECO-02
  3. Unit-5
unit-5-bills-of-exchange

Unit-5 Bills Of Exchange

In this unit we shall first discuss the nature of various instruments of credit including bills of exchange and promissory notes.

What do you mean by discounting of a bill?




< Back To All Answers

Answer

{{currentAnswer.user.userName}}

Written on {{ansDate()}}

{{trustHtmlContent(currentAnswer.answerContent)}}

Learning Pundits Content Team

Written on Apr 16, 2019 2:40:35 PM

The encashment of bill with the bank before due fate is called discounting of a bill.