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Full Form of FDBD

Full Form: Foreign Documentary Bills Discounted
Category: Business & Finance
Sub Category: Accounting

What is FDBD Full Form?

FDBD is full form Foreign Documentary Bills Discounted

What is Foreign Documentary Bills Discounted?

Export bill discounting is an international trade term and practice. Export bill discounting is designed to allow businesses faster payment for the goods they have shipped to the buyer. Export bill discounting occurs when a business contracts with a buyer for their goods on credit.