bills of exchange

JAINA M KOTHARI (Student) (69 Points)

08 October 2018

Rebate / discount which one of them is the gain for the drawee at the time of retirement of bill?

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6 Replies

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 08 October 2018

As per my view., "DISCOUNT" is gain better than Rebate...

Bhanu (hyderabad) (1653 Points)
Replied 08 October 2018

i think rebate and discount are one and the same

shashank (as an article) (951 Points)
Replied 08 October 2018

yeah....As said by bhanu...its just a interchange words.....

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 08 October 2018

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.

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 08 October 2018

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...

shashank (as an article) (951 Points)
Replied 08 October 2018

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

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