- discounting commercial paper
- The lending of money upon commercial paper and the deducting of the interest or premium in advance. 10 Am J2d Banks § 689.
Ballentine's law dictionary. Anderson, W.S.. 1998.
discounting commercial paper
Look at other dictionaries:
Commercial paper in India — is a new addition to short term instruments in Indian Money market since 1990 onward. The introduction of Commercial paper as the short term monetary instrument was the beginning of a reform in Indian Money market on the background of trend of… … Wikipedia
commercial transaction — ▪ economics Introduction in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… … Universalium
At a discount — Discount Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.… … The Collaborative International Dictionary of English
Bank discount — Discount Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.… … The Collaborative International Dictionary of English
Discount — Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted. [1913… … The Collaborative International Dictionary of English
Discount broker — Discount Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.… … The Collaborative International Dictionary of English
Discount day — Discount Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.… … The Collaborative International Dictionary of English
True discount — Discount Dis count , n. [Cf. F. d[ e]compte. See {Discount}, v. t.] 1. A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.… … The Collaborative International Dictionary of English
bank — An institution, usually incorporated, the business of which is primarily receiving deposits of money, the collection of commercial paper, discounting commercial paper, lending money, issuing, purchasing, and accepting bills of exchange or drafts … Ballentine's law dictionary
discount broker — noun : one who makes a business of discounting commercial paper usually as an agent * * * discount brokerage. 1. an agent who discounts commercial paper. 2. a stockbroker who charges discount commission fees. [1860 65] … Useful english dictionary
