The difference between the __________________ and the true discount is called Banker’s Gain (B.G). It is equal to the interest on true discount.

Answer

To solve the question, we need to identify the term that represents the difference between the Banker's Discount and the True Discount, which is referred to as Banker's Gain.

### Step-by-Step Solution:

1. **Understanding the Terms**:
- **Banker's Discount (BD)**: This is the discount allowed by the banker on the face value of a bill or note.
- **True Discount (TD)**: This is the actual discount calculated on the present value of the bill or note.
- **Banker's Gain (BG)**: This is the difference between the Banker's Discount and the True Discount.

2. **Establishing the Relationship**:
- We know from the definitions that:
\[ \text{Banker's Gain (BG)} = \text{Banker's Discount (BD)} - \text{True Discount (TD)} \]
- This means that the Banker's Gain is essentially the extra amount that the banker earns over the True Discount.

3. **Filling in the Blank**:
- The question asks for the term that represents the difference between the Banker's Discount and the True Discount. Based on our understanding, we can conclude that:
\[ \text{Banker's Gain (BG)} = \text{Banker's Discount (BD)} - \text{True Discount (TD)} \]
- Therefore, the blank can be filled with "Banker's Discount".

### Final Answer:
The difference between the **Banker's Discount** and the true discount is called Banker’s Gain (B.G). It is equal to the interest on true discount.

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