eligible for rediscounting

eligible for rediscounting
bancable

Investor's Forget-me-Nots Dictionary. 2014.

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  • eligible paper — 1) Treasury bills, short dated gilts, and any first class security, accepted by a British bank or an accepting house and thus acceptable by the Bank of England for rediscounting, or as security for loans to discount houses. The Bank of England s… …   Accounting dictionary

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  • bill of exchange — An unconditional order in writing, addressed by one person (the drawer) to another (the drawee) and signed by the person giving it, requiring the drawee to pay on demand or at a fixed or determinable future time a specified sum of money to or to… …   Big dictionary of business and management

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