Summary: Discounting cash refers to the behavior that the financial institution holding the bill transfers the bill rights to other financial institutions before the bill expires, and pays the agreed amount to the holder after deducting certain interest. According to the transaction method, it is divided into buyout type and repurchase type. Buyout refers to the transaction mode in which the poster transfers the bill rights to the poster without agreeing on future redemption.
Repurchase refers to the transaction mode in which the poster transfers the bill rights to the sticker and agrees on future redemption. The so-called positive repurchase and reverse repurchase are only aimed at different parties.