types of discount houses
Answers
Explanation:
BONDS TREASURY BONDS
Discount House Defined
REVIEWED BY WILL KENTON Updated Mar 2, 2018
Primarily operating in the United Kingdom, a discount house is a firm that buys, sells, discounts, and negotiates bills of exchange or promissory notes. This is generally performed on a large scale with transactions that also include government bonds and Treasury bills.
A discount house is also called a bill broker. In the United States, a discount house refers to a large retail store that can offer consumer durables at discounted prices because of its ability to purchase in bulk and employ expense-controlling practices.
BONDS TREASURY BONDS
Discount House Defined
REVIEWED BY WILL KENTON Updated Mar 2, 2018
Primarily operating in the United Kingdom, a discount house is a firm that buys, sells, discounts, and negotiates bills of exchange or promissory notes. This is generally performed on a large scale with transactions that also include government bonds and Treasury bills.
A discount house is also called a bill broker. In the United States, a discount house refers to a large retail store that can offer consumer durables at discounted prices because of its ability to purchase in bulk and employ expense-controlling practices.