discounting a bond (خَصْمُ الأَوْرَاقِ التِّجَارِيَّةِ)

الفقه

التعريف :

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To endorse a bond which is not yet due in favour of a bank so that the bank pays its amount to the person making the endorsement after deducting an amount commensurate with the length of time before its maturity.