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What is bills discounting? - Commerce

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What is bills discounting?

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उत्तर

Bills Discounting is a financial service where a business sells its bills of exchange (unpaid customer invoices) to a bank or financial institution at a discount to get immediate cash.

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अध्याय 3: Sources of Financial for a Join stock Company - EXERCISES [पृष्ठ ७९]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 3 Sources of Financial for a Join stock Company
EXERCISES | Q 17. | पृष्ठ ७९
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