What is the role of bills in commercial economy? This is a very worthy of consideration, the role of bills mainly refers to the role of bills in the economy. According to relevant historical records, from the Tang Dynasty in my country, there were flying coins and posts, and in the Song Dynasty, there were convenience coins and Jiaozi. This is the earliest prototype of my country's bills. During the Tang and Song Dynasties, due to the development of commerce, the transactions between merchants became more and more frequent. In addition, the transportation was inconvenient, and it was inconvenient to carry cash with them. Therefore, merchants invented "flying money" to replace the delivery of cash. Later, the Song Dynasty officially established the "convenient money service", so that money can be used as the proof of "pay on sight", which is the origin of our country's bill system.
The bill system in the modern sense is inseparable from the socialization and marketization of production. In a commercial society with a highly developed commodity economy, bills have become an important tool in commercial economic activities. Not only enterprises, companies and various commercial institutions need it, but it has already entered the daily life of ordinary people. In terms of social scope, economic activity completely separated from bills is inconceivable. Specifically, the role of bills in commercial economic activities is mainly manifested in the following two aspects:
1. Bills can be used as settlement tools
In international trade, bills are widely used as settlement tools. The prevailing bill exchange system in international trade is established based on the settlement function of bills. Using bills for settlement can easily offset complex claims and debts.
2. Bills can be used as payment instruments
Replacing cash with bills as a payment tool is the most basic function of bills, and other functions of bills are derived from here. Before bills appeared, the payment of gold between merchants completely relied on currency as a means of payment. When payments have to be made between different locations, the only option is to ship cash directly, which is cumbersome and risky. Using bills as payment tools can break the spatial barriers of cash transactions, making gold payment easy, safe and reliable. In history, bills of exchange were first used for exchange between different places, which is also the oldest function of bills. With the development of commodity economy, the scope of bills as a payment tool has been expanding, which has long exceeded the limitation of exchange. In today's commercial society, it is very common to issue checks as a means of payment. The widespread application of bills instead of cash as a means of payment makes bills a negotiable security that is almost the same as currency. Therefore, some scholars call bills "currency issued by merchants".
The above is the reflection of the role of bills in commercial and economic activities. If you want to know more about bills, please continue to pay attention to our platform. We will update it from time to time. Finally, thank you again for reading the above content.
The above content comes from: acceptance bill discount information platform, please indicate the source for reprinting, thank you!
The bill system in the modern sense is inseparable from the socialization and marketization of production. In a commercial society with a highly developed commodity economy, bills have become an important tool in commercial economic activities. Not only enterprises, companies and various commercial institutions need it, but it has already entered the daily life of ordinary people. In terms of social scope, economic activity completely separated from bills is inconceivable. Specifically, the role of bills in commercial economic activities is mainly manifested in the following two aspects:
1. Bills can be used as settlement tools
In international trade, bills are widely used as settlement tools. The prevailing bill exchange system in international trade is established based on the settlement function of bills. Using bills for settlement can easily offset complex claims and debts.
2. Bills can be used as payment instruments
Replacing cash with bills as a payment tool is the most basic function of bills, and other functions of bills are derived from here. Before bills appeared, the payment of gold between merchants completely relied on currency as a means of payment. When payments have to be made between different locations, the only option is to ship cash directly, which is cumbersome and risky. Using bills as payment tools can break the spatial barriers of cash transactions, making gold payment easy, safe and reliable. In history, bills of exchange were first used for exchange between different places, which is also the oldest function of bills. With the development of commodity economy, the scope of bills as a payment tool has been expanding, which has long exceeded the limitation of exchange. In today's commercial society, it is very common to issue checks as a means of payment. The widespread application of bills instead of cash as a means of payment makes bills a negotiable security that is almost the same as currency. Therefore, some scholars call bills "currency issued by merchants".
The above is the reflection of the role of bills in commercial and economic activities. If you want to know more about bills, please continue to pay attention to our platform. We will update it from time to time. Finally, thank you again for reading the above content.
The above content comes from: acceptance bill discount information platform, please indicate the source for reprinting, thank you!