Discounting of bank paper
- Discounting of bank paper
Facilities by which the bank discounts banking institution promissory notes issued to the order of the bank by the borrower. This type of facility is generally limited to within 180 days. See also
Discount.
International financial encyclopaedia .
2014.
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Discounting of house paper — Facilities by which the bank discounts its own promissory notes issued to the order of the bank by the borrower (i.e. ourselves). This type of facility is generally limited to within 180 days. See also Discount … International financial encyclopaedia
Discounting of other paper — Facilities by which the bank discounts the promissory notes of non banking institutions issued to the order of the bank by the borrower. This type of facility is generally limited to within 180 days. See also Discount … International financial encyclopaedia
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