What is retiring a bill under rebate means?

Related MCQs

• A bill of exchange requesting the bank to pay the face amount upon presentation of documents is a:
• What is the Bill receivable account?
• A bill of exchange includes.
• Which bill is drawn and accepted in the same country?
• Who draws a bill of exchange?
• What is the person known as who draws a bill of exchange
• When the drawee signs the bill, it is considered as
• What kind of acceptance is known as when the bill is accepted without any condition?
• When the bill is noted from the notary public, it is known as?
• All else equal and under a system of floating exchange rates, if a country enters a period of exceptionally strong growth,