Discounted Bill

(redirected from Bills Discounted)
Also found in: Acronyms.

Discounted Bill

A debt security issued at a discount to its face value. For example, if a discounted bill has a face value of $1,000, it may be issued to the holder at $900. When it matures, the holder receives the full $1,000. A discounted bill, especially a short-term issue, often does not pay a coupon; rather, the difference between the discount and the face value takes the place of the coupon. See also: Coupon-equivalent yield.
References in periodicals archive ?
The measures include allowing companies eligible for the government's ''safety net'' lending scheme to borrow from Shoko Chukin Bank up to 30 million yen in unsecured loans plus short-term operating capital and to have bills discounted, the economy, trade and industry minister said in a press conference.
The principal assets were bills discounted, bills bought, and government securities.
Aozora continued to generate significant loan book growth with loans and bills discounted expanding 7.