discount on notes payable

Definition

The amount used as a reduction on a note is considered to offset as a debit and a credit entry. One account receives less whereas the other account receives more.

Related Videos




http://www.businessdictionary.com/definition/discount-on-notes-payable.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z