What is difference between commercial bill …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Khushi Jain 6 years, 5 months ago
- 1 answers
Related Questions
Posted by Md Noornavi Bhaijaan 2 years, 4 months ago
- 1 answers
Posted by Navneet Brar 11 months, 1 week ago
- 0 answers
Posted by Killi Parekh 1 year, 8 months ago
- 3 answers
Posted by Arshi Yadav 1 year, 11 months ago
- 1 answers
Posted by Somnath Kumar 2 years, 4 months ago
- 0 answers
Posted by Adithya T 1 year, 11 months ago
- 0 answers
Posted by Sneha Vishwakarma 1 year, 5 months ago
- 0 answers
Posted by Jyotishman Sarmah 2 years, 7 months ago
- 1 answers
Posted by Saral Jaiswal 2 years, 2 months ago
- 1 answers
Posted by Saral Jaiswal 2 years, 2 months ago
- 2 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 6 years, 5 months ago
• Commercial paper and commercial bill are both financial instruments used by banks.
• Commercial paper is used by banks to raise finances for a short time period. The buyer gets CP at a discounted rate, while he gets face value on maturity.
• Commercial bill is an instrument that helps companies to get advance payment for the invoices they raise after making sales to their customers.
• Commercial paper is used by banks to meet their short-term obligations, while commercial bills help companies to get money in advance, for sales they make.
3Thank You