Rebate on Bills of Exchange

Amount which is allowed to drawee for early payment of bill of exchange is called rebate.

The portion of interest on short sale proceeds that's paid out to the borrower of a bond as an incentive for them to borrow the stock from a specific source. once a short sale takes place, the short seller often borrows a security through a loaner (who acts as an intermediary), WHO in turn borrows the security from associate owner of keeper. The short sale's return square measure then came to the lender, who then invests the return and earns interest on them. certain short sellers would possibly demand a portion of this interest, so as for them to do business with that particular loaner.