Discount of the bill

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Discounted Bill of Exchange - purchase of a bill of exchange before the date of payment at a fixed price (commonly known as a discount). One way to determine this amount is to trade a discount.

If the disco is a bank, the amount to be deducted depends on:

The discount rate offered by the bank will be the result of the credibility of the payers.

The discounted note should:

If a bank decides to accept a promissory note, a discount credit is given to the subcontractor.

wiki

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