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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.

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What do you mean by discounting of a bill?

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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.