answersLogoWhite

0

Block Discounting

is where Individual X, dealing business by way of hire-purchase agreements or credit-sale agreements, contracts with Finance House Y to sell his interest in those hire-purchase and credit sale agreements at a discount.

User Avatar

Wiki User

12y ago

Still curious? Ask our experts.

Chat with our AI personalities

TaigaTaiga
Every great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
JudyJudy
Simplicity is my specialty.
Chat with Judy
RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa

Add your answer:

Earn +20 pts
Q: What is block discounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp