Discounted Bill

Business, Legal & Accounting Glossary

Definition: Discounted Bill


Discounted Bill


Full Definition of Discounted Bill


A debt instrument sold for an amount less than the face value of the instrument. A discounted debt security with a face value of $1,000 might be sold for $900, but the holder of the bill would still collect $1,000 upon the maturity of the bill.


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March 28, 2024 https://payrollheaven.com/define/discounted-bill/.
Chicago Manual of Style (CMS):
Discounted Bill. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/discounted-bill/ (accessed: March 28, 2024).
American Psychological Association (APA):
Discounted Bill. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/discounted-bill/

Definition Sources


Definitions for Discounted Bill are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.