Meaning Of The Word Bill of exchange

Real Dictionary

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Bill of exchange Meaning

Bill of exchange Definition
Bill of exchange Definition

What's The Definition Of Bill of exchange?

bill of exchange in British English
a written order to pay a certain sum of money to the person named or to that person's account; draft
abbreviation: bill of exchange
noun: (now chiefly in foreign transactions) a document, usually negotiable, containing an instruction to a third party to pay a stated sum of money at a designated future date or on demand
noun: a written authorization or order to pay a specified sum of money to a specified person

bill of exchange in Finance
noun: A bill of exchange is a document ordering someone to pay someone else a stated sum of money at a future date.

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