An example of a discount security is:

Name: An example of a discount security is:
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A commercial bill is a short-term bill of exchange that is issued by a seller to a buyer when goods are sold on credit. These bills can be discounted at a bank, which means that the bank buys the bill at a discount to its face value, and the seller receives immediate payment. This makes commercial bills a type of discount security. Ordinary shares, debentures, and bank overdrafts are not discount securities.

An Example of a Discount Security Is