The definition of commercial paper
Instruments include a commitment to pay a certain sum of money at a certain date or not to set or once found and accepted by commercial means trading ..
Or is "negotiable instruments' really represent cash and payable once found a short-term or after being traditionally accepted as a tool to fulfill"
Characteristics of commercial paper
1 - they are negotiable instruments
2 - they really represent cash
3 - it is payable once found a short-term or after
4 - traditionally accepted as a mode of payment
- Jobs commercial paper
1 - commercial paper tool to meet
2 - commercial paper a tool for short-term credit
- Types of commercial paper
1 - 2 bill - the bond is 3 - check
First: The bill
Are commercial paper includes an order from a person called the drawer to another person called the drawee to pay a certain amount of money as soon as available or at a specific date, then a third person is the beneficiary or to the holder of the paper
* The bill contains three Otriham:
1 - He is the editor of doubt drawer and exporter
2 - drawee is communicated to him the command of the drawer to pay the amount of the bill
3 - the beneficiary is the instrument was issued for him or the command
o developmentally intended here: is a logging statement is usually on the back of the instrument commercial paper (bill or authority to order or check) including benefit انتقاها of an appearance that the endorsement to the appearance mechanism (which is to benefit from the endorsement)
o endorsement on three types according to its intended purpose
1 - endorsement carrier for ownership
2 - endorsement Tukela the
3 - insurance endorsement
Instruments include a commitment to pay a certain sum of money at a certain date or not to set or once found and accepted by commercial means trading ..
Or is "negotiable instruments' really represent cash and payable once found a short-term or after being traditionally accepted as a tool to fulfill"
Characteristics of commercial paper
2 - they really represent cash
3 - it is payable once found a short-term or after
4 - traditionally accepted as a mode of payment
- Jobs commercial paper
1 - commercial paper tool to meet
2 - commercial paper a tool for short-term credit
- Types of commercial paper
1 - 2 bill - the bond is 3 - check
First: The bill
Are commercial paper includes an order from a person called the drawer to another person called the drawee to pay a certain amount of money as soon as available or at a specific date, then a third person is the beneficiary or to the holder of the paper
* The bill contains three Otriham:
1 - He is the editor of doubt drawer and exporter
2 - drawee is communicated to him the command of the drawer to pay the amount of the bill
3 - the beneficiary is the instrument was issued for him or the command
o developmentally intended here: is a logging statement is usually on the back of the instrument commercial paper (bill or authority to order or check) including benefit انتقاها of an appearance that the endorsement to the appearance mechanism (which is to benefit from the endorsement)
o endorsement on three types according to its intended purpose
1 - endorsement carrier for ownership
2 - endorsement Tukela the
3 - insurance endorsement