discounted bill

  • 1discounted bill — ➔ bill of exchange * * * discounted bill UK US noun [C] FINANCE ► a bill of exchange that can be sold before its payment date at a price that is lower than its value, so investors will get a profit when the bill is paid on its payment date: »A… …

    Financial and business terms

  • 2bill — ▪ I. bill bill 1 [bɪl] noun [countable] 1. ACCOUNTING a list showing how much you have to pay for services or goods received; = INVOICE: • big companies that fail to settle their …

    Financial and business terms

  • 3Bill of exchange — General term for a document demanding payment. The New York Times Financial Glossary * * * bill of exchange ˌbill of exˈchange abbreviation b/​e or bill noun bills of exchange PLURALFORM …

    Financial and business terms

  • 4bill of exchange — General term for a document demanding payment. Bloomberg Financial Dictionary * * * bill of exchange ˌbill of exˈchange abbreviation b/​e or bill noun bills of exchange PLURALFORM [countable] …

    Financial and business terms

  • 5Discounted gift trust — A Discounted Gift Trust (DGT) is a type of UK trust arrangement usually set up in connection with an investment in either an onshore or offshore investment bond (insurance bond). It allows the gifting of a lump sum into a trust whilst retaining a …

    Wikipedia

  • 6bill rate — discount rate The rate on the discount market at which bills of exchange are discounted (i.e. purchased for less than they are worth when they mature). The rate will depend on the quality of the bill and the risk the purchaser takes. First class… …

    Accounting dictionary

  • 7bill rate — discount rate The rate on the discount market at which bills of exchange are discounted (i. e. purchased for less than they are worth when they mature). The rate will depend on the quality of the bill and the risk the purchaser takes. First class …

    Big dictionary of business and management

  • 8Discounted —   A bill of exchange which is cashed in before it is due …

    International financial encyclopaedia

  • 9Treasury bill — A Treasury bill is a short term U.S. government obligation with an original maturity of one year or less. Unlike a bond or note, a bill does not pay a semi annual, fixed rate coupon. A bill is typically issued at a price below its par value and… …

    Financial and business terms

  • 10treasury bill — see bill 7 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. treasury bill n. A pr …

    Law dictionary