noun
bill discounting; discounting of a bill
Financial term referring to the practice of purchasing a bill of exchange before its maturity at a price less than its face value.
銀行で手形割引を利用して資金を調達した。
We raised funds by using bill discounting at the bank.
Compound of 手形 (tegata, 'bill, note') and 割引 (waribiki, 'discount').