Distinguish betweeen commercial bill and trading bill
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commercial bills ,commonly referred to as commercial paper are unsecured short term debt issued by a corporate or private organization, often times for the financing of short term liabilities and inventory.
Treasury bills commonly referred to as T-bills is short term debt backed by the US government with maturity of under one year funds raised from selling T-bill is intended to support various public project such as construction of school and highway.
Treasury bills commonly referred to as T-bills is short term debt backed by the US government with maturity of under one year funds raised from selling T-bill is intended to support various public project such as construction of school and highway.
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