bills of exchange

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Rebate / discount which one of them is the gain for the drawee at the time of retirement of bill?
Replies (6)
As per my view., "DISCOUNT" is gain better than Rebate...
i think rebate and discount are one and the same
yeah....As said by bhanu...its just a interchange words.....
Originally posted by : Bhanu
i think rebate and discount are one and the same

Yes... I Agreed. But, Some times it's differred. Better to Understand or think about the difference based on Business Activity.

Originally posted by : shashank
yeah....As said by bhanu...its just a interchange words.....

 

Yes... I Agreed. But, Some times it's differred. Better to Understand or think about the difference based on Business Activity.

But, Better to reply based on the Query...

ohhh.....ok raja thanks for additional knowledge


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