Bill discounting and Office of Fair Trading: Difference between pages

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''Bills of exchange''
(OFT).


1.
A former UK government department, which had the objectives of promoting and protecting consumer interests throughout the UK, while ensuring that business remained fair and competitive.


The same as forfaiting.
The work and responsibilities of the former OFT were distributed to a number of other bodies including the Competition & Markets Authority in 2014.
 
 
2.
 
The discounting of any bill of exchange.




== See also ==
== See also ==
* [[Bill of exchange]]
* [[Competition & Markets Authority]]
* [[Discount]]
* [[Forfaiting]]


[[Category:Cash_management]]
[[Category:The_business_context]]

Latest revision as of 14:25, 5 June 2019

(OFT).

A former UK government department, which had the objectives of promoting and protecting consumer interests throughout the UK, while ensuring that business remained fair and competitive.

The work and responsibilities of the former OFT were distributed to a number of other bodies including the Competition & Markets Authority in 2014.


See also