what is rebate on bills discounted for a banking company - Axtarish в Google
The term Rebate on Bills Discounted, also known as Discount Received in Advance in corporate accounting, describes the portion of the discount that the lender has not yet earned . When bills are discounted before they mature, this rebate amounts to unearned income for the lender.
20 сент. 2024 г.
30 мар. 2023 г. · When a bank offers a rebate on a bill discounted, it means that the borrower will receive a discount on the amount owed if they pay off the loan ...
Rebate on bills discounted is also known as discount received in advance i.e. discount received but not earned. In such a situation, the rebate on bills ...
24 сент. 2023 г. · Rebate on bills discounted is also known as discount received in advance i.e. discount received but not earned. In such a situation, the rebate ...
28 июл. 2023 г. · Rebate on bills discounted refers to the amount of money a financial institution returns to a borrower who has repaid their loan. This rebate is ...
Rebate on Bills Discounted is also known as Discount Received in Advance, or, Unexpired Discount or, Discount Received but not earned.
Rebate on bills discounted is a concept in banking related to the final account regulation. When a bank discounts a bill of exchange before its maturity, it ...
11 сент. 2020 г. · Rebate on Bills Discounted is also known as Discount Received in Advance, or, Unexpired Discount or, Discount Received but not earned. Its ...
A rebate on bills discounted is a reduction in the interest charged on a bill of exchange that has been discounted by a bank. It is typically granted to ...
Rebate on bills discounted refers to the portion of discount which relates to the period after the balance sheet date till the maturity date of the bill. This ...
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