commercial bill

"This is a commercial bill and gets totally away from the law," she said.

It has also commonly been used by commercial bill posters since the nineteenth century.

The majority of funds tend to come from the banking sector, although commercial bills are also important.

They provide short-term finance for companies by discounting commercial bills.

The profit to the discount houses comes from using the funds to deal in treasury and commercial bills.

We saw earlier that commercial bills are frequently 'accepted' by a bank at the time of issue.

Column 5 of Table 3.5 confirms treasury and commercial bills as their principal assets.

The Bank accumulated a substantial portfolio of commercial bills which came to be termed the "bill mountain".

Bills of exchange: Treasury, local authority and certain commercial bills.

In the case of treasury bills the reason for this is obvious but commercial bills can acquire a similar status.

However, you should notice, from column 5, that retail banks hold comparatively large quantities of treasury and commercial bills.

The exchange trades shares of Croatian companies, as well as bonds and commercial bills.

Commercial bills are issued by firms.

A secondary market was created through the discount houses particularly for the trading of Treasury bills and other commercial bills.

Cash payments to the subcontractors are supplemented by commercial bills whose maturity can be postponed when the need arose.

Other than newspapers, it required that all pamphlets, legal documents, commercial bills, advertisements, and other papers issued the tax.

They take in surplus funds from other institutions and use the funds to deal in treasury and commercial bills.

It will be seen that commercial bills ('other bills') form the bulk of bills held.

The sequence of events in the creation of a bank bill is in Figure 9.4, and is only a modification to that for commercial bills.

In the 1920s, commercial bills, both international and domestic, were nearly as important an instrument of finance in England as bank advances.

As the volume of Treasury bills declined in the 1970s the discount houses facilitated the rapid growth in the commercial bill market.

One paper dollar could just as well be issued for a dollar's worth of land as for a commercial bill worth $1.

Other securities are local authority deposits and bonds, commercial bills, company securities and miscellaneous securities.

In 1984 the Bank of England built up a 'commercial bill mountain' through overfunding (see Box 18.5).

We have seen earlier that the banks were able to substitute other liquid assets (money at call, commercial bills) as the supply of Treasury bills contracted.