bill of exchange


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Related to bill of exchange: bill of lading, letter of credit, promissory note

bill of exchange

n. pl. bills of exchange
A written order requiring one person to pay another person a specified sum of money at a specified time or on demand; a draft.

bill of exchange

n
(Banking & Finance) (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

bill′ of exchange′


n.
a written order to pay a specified sum of money to the person indicated.
[1570–80]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bill of exchange - a document ordering the payment of moneybill of exchange - a document ordering the payment of money; drawn by one person or bank on another
negotiable instrument - an unconditional order or promise to pay an amount of money
overdraft - a draft in excess of the credit balance
foreign bill, foreign draft - a bill of exchange that is drawn in one country and made payable in another
inland bill - a bill of exchange that is both drawn and made payable in the same country
redraft - a draft for the amount of a dishonored draft plus the costs and charges of drafting again
trade acceptance - a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
bank draft, banker's draft - a draft drawn by a bank against funds deposited in another bank
dividend warrant - an order of payment (such as a check payable to a shareholder) in which a dividend is paid
money order, postal order - a written order for the payment of a sum to a named individual; obtainable and payable at a post office
banker's acceptance, acceptance - banking: a time draft drawn on and accepted by a bank
bank check, check, cheque - a written order directing a bank to pay money; "he paid all his bills by check"
sight bill, sight draft - a draft payable on presentation
time bill, time draft - a draft payable at a specified future date
Translations

bill of exchange

ncambiale f, tratta
References in classic literature ?
I heard it proposed lately that two young men should travel together over the world, the one without money, earning his means as he went, before the mast and behind the plow, the other carrying a bill of exchange in his pocket.
Spooney at ecarte-- they get the money and drive off to Baden in magnificent britzkas-- they try their infallible martingale and lurk about the tables with empty pockets, shabby bullies, penniless bucks, until they can swindle a Jew banker with a sham bill of exchange, or find another Mr.
What a contrast between the well-clad, reading, writing, thinking American, with a watch, a pencil and a bill of exchange in his pocket, and the naked New Zealander, whose property is a club, a spear, a mat and an undivided twentieth of a shed to sleep under
Within the two working days following the date of intervention, the intervening person shall notify the person in whose favour the intervention is made, otherwise he shall be liable to compensate for any damages resulting from his negligence provided the amount of damages shall not exceed the amount of the bill of exchange.
An international bill of exchange typically purports to shift a debt from an individual to the U.
Widely accepted though somewhat difficult to obtain, the bill of exchange guaranteed by a bank limits the risk of payment default by offering the creditor additional recourse to the endorser of the bill.
The issue of a promissory note by the importer or the acceptance of a Bill of exchange by the exporter are means of accomplishing personal guarantee.