If the bill is paid on the date of maturity it is termed as ?

Discounting of bill

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Honoring of a bill

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Renewal of the bill

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Dishonoring the bill

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Solution

The correct option is B
Honoring of a bill

When a bill is paid on maturity it is technically known as honouring of the bill of exchange.

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If the bill is paid on the date of maturity it is termed as ?

The correct option is B Honoring of a bill When a bill is paid on maturity it is technically known as honouring of the bill of exchange.

The correct option is B
Honoring of a bill

When a bill is paid on maturity it is technically known as honouring of the bill of exchange.