The conceptual content and respective characteristics of discounted and general loans?

I. The conceptual content and respective characteristics of discount loans and general loans?

Contact: ① both are bank assets business

② both have certain risks

③ both banks can get benefits.

Difference: ① credit relationship parties are different

②

③ term is different

④ bill discount loans first deduct interest before issuing loans; general bank loans are first issued principal, and then collect interest

⑤ bill in the shovel, timely return of funds.

What is the difference between rediscounting and refinancing

There are 3 points between rediscounting and refinancing

I. The substance of the two is different:

1. Rediscounting over the purchase of commercial paper held by commercial banks that has been discounted but has not yet matured to the commercial bank to provide financing support for the commercial bank's behavior.

2, the essence of refinancing: refinancing refers to the central bank in order to achieve the monetary policy objectives of the financial institutions issued loans. China's refinancing has two meanings, narrowly defined refinancing refers to the central bank to the concept of financial machine refinancing, including bill rediscounting.

Two, the role of the two are different:

1, the role of rediscounting: rediscounting one of the three major monetary policy tools (open reserves), by a number of countries after the wide, rediscounting in Japan, Germany, South Korea, and other countries of economic reconstruction has been successfully used.

Rediscounting can be so valued and used, mainly it Zhang, and through the role of regulating the total amount of money supply, but also has a can be in accordance with the demand, selective to different kinds of into the role of economic restructuring.

2, the role of refinancing: the central bank by adjusting the refinancing rate, affecting the commercial banks from the central this and can be used amount, so that the money supply and market interest rates change contraction of the monetary contraction of the tightening of the policy, based on the amount of money put in place to increase the commercial banks to inhibit the commercial banks to the central bank's loans.

Refinancing interest rate adjustment is an effective way to pass on the changes in monetary policy, it can produce the effect of forewarning, so as to affect people's expectations to some extent. When in the central bank seems to inflation has eased, so that will investment and economic growth, to a certain extent, play a role in adjusting the industrial structure and product structure.

Three, the nature of the two are different:

1, the nature of rediscounting: because the bill of exchange is the purchaser's account bank commitment to unconditional payment of the bill, so the seller's account bank is willing to accept the bill of exchange in order to give its customers in a timely manner to provide the funds needed. The behavior of commercial banks to buy this kind of bill, is the bill discounting.

Since there is a time difference between the time of discounting and the time of maturity of the bill, discounting the bill during this period is tantamount to the commercial bank providing loan support to its customers, and therefore the interest on the loan is factored in.

Commercial banks discounted notes, it can not be "original price" to buy the notes, but must be the original amount of the notes to play a certain discount. This discount is the interest rate for discount financing, and the discount rate is often referred to as the discount rate.

2, the nature of refinancing: refinancing is a quantitative monetary policy tool with a strong planning, administrative and passive. However, it should be noted that, drawing on the experience of financial development in developed countries, any one single, independent monetary policy tools are not possible to complete all the macroeconomic control, but must be based on different periods of monetary policy objectives, select the appropriate tools for cooperation and coordination.

Baidu Encyclopedia-Rediscounting

Baidu Encyclopedia-Relending

What is the difference between a discount loan and an ordinary loan

1. The term of capital financing is different. General loan period of a few months, the longest up to five years or more, while the longest period of discounting will not exceed six months, and the loan can be rolled over when due, but discounting does not have the problem of rollover, only when the due date is not paid for the problem of recourse.

2. The use of money with or without agreement is different. General loans are agreed on the purpose of the loan, and enterprises applying for discounting, without the use of discounted funds as a commitment or description, the bank also has no obligation to review.

3. Interest is collected in different ways. General loan interest in the loan maturity or according to the agreed period of time, usually called the first loan interest. Discounting is the purchase of the note, in addition to the due date of the note is not paid and recourse to the enterprise, after discounting the bank and the application for discounting people have no relationship, so discounting, the bank can be first deducted interest. Usually the bank acceptance discount rate is much lower than the loan rate.

4. Different parties. The parties to the general loan for the bank, the borrower and the guarantor (under the credit loan, there is no guarantor). Discounting the parties for the bank, the discount applicant and the note recorded on the signature of each party.

5. Different procedures. Loan placement of more preparatory work, cumbersome procedures, such as account opening, the establishment of credit relationships, credit, pre-credit review, the guarantor (things) assessment process. Discounting procedures to be simpler than the loan, generally only need to be true, the underlying trade background of the real instruments are legal, you can apply for discounting. Usually, the same city bankers' acceptances can be discounted on the same day, and large amounts of bankers' acceptances in other places can be discounted in three days.

6. Liquidity is different. After the loan is placed, generally does not occur the transfer of loan rights phenomenon. And the bank by discounting the right to obtain the bill, according to their own business conditions, the right to the bill through rediscounting or rediscounting way to be transferred. Therefore, the bill discounting has a strong liquidity.

7. The credit subject is different. The main body of the loan credit is the main loan applicant, other guarantors as a supplement; and discounted notes, the first payer for the acceptor, so the main body of the discount credit should be the main acceptor, discounted applicants or other note debtors as a supplement.

8. The object of collection is different. Loan expiration, the object of collection to the loan applicant as the main, the guarantor as a supplement; and discounted notes expiration, the object of collection to the acceptor as the main, the other note debtor as a supplement.

9. Accounting disposal and statement processing is different. Enterprises for discounting, manifested in the reduction of notes receivable, the increase in monetary funds. After the sale of notes, in the enterprise balance sheet does not reflect, only in the off-balance sheet note column "contingencies" in the description, that is, "has been discounted commercial bills of exchange formed by the amount of contingent liability", the performance of the enterprise's contingent liabilities. And enterprises in the processing of loans, manifested in the short-term or long-term borrowing increase, the increase in monetary funds, clearly reflected in the accounting statements.

The similarities and differences between refinancing and rediscounting

Refinancing is a loan from the central bank to a commercial bank.

Rediscounting is the act of the central bank providing financing support to commercial banks by buying commercial bills of exchange held by commercial banks that have been discounted but have not yet matured.

Why is bill discounting a form of bank lending?

Because promissory notes are usually not paid for at the time, and you have to wait for them to mature. You go to the bank for discounting is equivalent to the bank paid you money in advance, the bank charges discount interest. For example, you have 100,000 yuan of promissory notes, due December 30, 2010, but you are in urgent need of money, you can take the ticket to the bank to go for discounting, the bank will be based on the prevailing discount rate to deduct part of the discount interest, and then pay the rest of the money to you, that is, although your ticket is 100,000 yuan, but you may be able to get only 98,000 yuan after discounting. It's similar to paying interest on your loan

What's a discount loan? It's just a matter of making sure the average person understands it

You're all answering this question. ....... Let me tell you the essence

Discounting is an excuse for banks to make money. Let's say you borrow 100W from a bank, the bank says it's not good to realize that our bank's quota is now limited and we can't give it to you unless you're willing to open a bank note and discount it. After you agree

The bank loaned you 100W but this money temporarily can not be taken away is frozen in your account, you want to take away with you can ....... Give me the cost of discounting, so it is cheating you a little more money generally in the amount of 2.5% points or so.

Banks those who set the rules to stick on the hair than monkeys are more refined, what way can come up with a good word.

Two, refinancing characteristics?

Relending refers to the central bank for the realization of monetary policy objectives and loans issued to financial institutions. China's refinancing has two meanings, the narrow sense of refinancing refers to the central bank to financial institutions loans in general; the broader sense of refinancing refers to the concept of refinancing, including bill rediscounting. But rediscounting, as one of the traditional three treasures of monetary policy tools, should be excluded from the scope of refinancing.

Three, discount loans and general bank loans and differences

Contact: ① both are the bank asset business ② both have a certain risk ③ both banks can get benefits. Difference: ① credit relationship parties are different ② risk is different ③ term is different ④ bill discount loan first deduction of interest and then issued loans; general bank loans are first issued principal, and then interest ⑤ bill discount loan can also be in the shovel, the timely return of funds.

Four, discount loans and general loan concept content and their respective characteristics?

1, the object is different

Generally speaking, the object of discounting refers to the note, while the object of bank loans refers to the borrower.

2, different liquidity

Because of the liquidity of the notes, note holders can go to the bank or discounting company for discounting, in exchange for funds. Generally, the discounting bank can only demand payment from the payer when the note is due, but if the bank is in urgent need of funds, it can rediscount to the central bank. However, the loan has a deadline and cannot be recovered before maturity.

3, interest collection time is different

Going for the discounting of bills, the interest to be paid is deducted from the face amount of the bill, the customer gets his hands on the amount after deducting the interest, while the bank loan is recovered at the end of the loan period together with the principal or according to the contract, according to the different approximate period of interest collection.