bill of exchange(redirected from Draft Bills of Exchange)
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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
(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′
a written order to pay a specified sum of money to the person indicated.
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|Noun||1.||bill 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
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
bank check, check, cheque - a written order directing a bank to pay money; "he paid all his bills by check"