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The original discounting institution, a bank or discount house, for example, might well find itself short of liquidity before the bill matures.
Primarily operating in the United Kingdom, a firm that buys, sells, discounts and/or 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.
Also called a bill broker.
In the United States, a discount house can refer to a large retail store that is able to offer consumer durables at discounted prices because of its ability to purchase in bulk and employ expense-controlling practices.
A discount house is a money dealer that participates in the buying and discounting of bills of exchange and other financial products such as money markets, certain government bonds and banker’s acceptances.
2) розничный магазин, торгующий по сниженным ценам
облікова фірма; обліковий дім