Negotiable Instruments: Types, Classification, Importance!
Meaning of Negotiable Instrument: A negotiable instrument is a specialized type of “contract” for the payment of money that is…
Bills
Bill of Exchange: Content, Parties, and Advantages!
Explain and Learn, Bill of Exchange: Content, Parties, and Advantages! The Concept of the study Explains – Bill of Exchange: Content…
Bill of Exchange: Meaning, Definition, and Features!
Explain and Learn, Bill of Exchange: Meaning, Definition, and Features! A bill of exchange is generally drawn by the creditor on…
Commercial Bills: Meaning, Types, and Advantages
A Commercial Bill is one which arises out of a genuine trade transaction, i.e. credit transaction. As soon as goods…
Treasury Bills: Meaning, Features, Types, and Importance
Just like commercial bills which represent commercial debt, treasury bills represent short-term borrowings of the Government. As well as discuss…