What is Commercial bills market Definition And Meaning
Another Sub-division of money market is commercial bill market. A commercial bill or a bill of exchange is a short-term, negotiable, and self liquidating money market instrument. It may be classified into clean bills, document bills, inland bills, foreign bills, accommodation bills and supply bills etc.
Another Sub-division of money market is commercial bill market. A commercial bill or a bill of exchange is a short-term, negotiable, and self liquidating money market instrument. It may be classified into clean bills, document bills, inland bills, foreign bills, accommodation bills and supply bills etc.
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What is Commercial bills market Definition And Meaning
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