مفهوم الورقة التجارية غير الصرفية

Abstract EN

Due to the development of commercial transactions, and their increase among merchants, the need to limit the use of cash in commercial dealings and to find an alternative to replace it, perform its function in trading and grant commercial transactions commercial credit, as it is part of the commercial transaction between merchants.

this credit gives the merchant the freedom to delay the payment of the price of the commercial transaction for a certain period, as it gives him a time limit or a delay, provided that the debtor, the merchant, provides a bond to the creditor merchant that includes proof of indebtedness and is due after a certain time.

this credit gives the commercial transaction speed, trading, and ease of procedures, and it saves traders from using money, but this credit does not appear to exist except through commercial papers because of its commercial credit.