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Definitions from the Web

Discount of Bills

Noun:

1. A financial transaction in which the holder of a bill of exchange sells it at a lower value than its face value to another party.

Example sentence: The bank offered a discount of bills to small business owners in order to help them with their working capital needs.

Verb:

1. To offer a reduction in the value of bills as part of a financial transaction.

Example sentence: The supplier agreed to discount the bills for early payment.

Adjective:

1. Describing a financial transaction or offer where the value of bills is reduced.

Example sentence: They were able to secure a discount of bills financing option for their expanding business.

Related Products:

• Bill Discounting
• Invoice Discounting
• Working Capital Management