bill of exchange

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Related to bills of exchange: 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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

bill′ of exchange′


n.
a written order to pay a specified sum of money to the person indicated.
[1570–80]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

bill of exchange

ncambiale f, tratta
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in classic literature ?
Having thus settled my affairs, sold my cargo, and turned all my effects into good bills of exchange, my next difficulty was which way to go to England: I had been accustomed enough to the sea, and yet I had a strange aversion to go to England by the sea at that time, and yet I could give no reason for it, yet the difficulty increased upon me so much, that though I had once shipped my baggage in order to go, yet I altered my mind, and that not once but two or three times.
I draw upon him for 600,000 francs, my bills are returned unpaid, and, more than that, I hold bills of exchange signed by him to the value of 400,000 francs, payable at his correspondent's in Paris at the end of this month.
In spite of every kind of discouragement, and even of the special court of taxations already mentioned, called the Jews' Exchequer, erected for the very purpose of despoiling and distressing them, the Jews increased, multiplied, and accumulated huge sums, which they transferred from one hand to another by means of bills of exchange an invention for which commerce is said to be indebted to them, and which enabled them to transfer their wealth from land to land, that when threatened with oppression in one country, their treasure might be secured in another.
Thomas Traddles has, on two several occasions, "put his name", if I may use a common expression, to bills of exchange for my accommodation.
Even before the recent revision in Chapter 11, 'every authorised branch is permitted to deal in foreign currency notes, coins, deposits, credits, drafts, travellers' cheques, letters of credit and bills of exchange, expressed or drawn in Pakistani currency but payable in any foreign currency.'
It would be pertinent to mention here that even before the recent revision in Chapter 11, "every authorized branch is permitted to deal in foreign currency notes, coins, deposits, credits, drafts, traveler's cheques, letters of credit and bills of exchange, expressed or drawn in Pakistan currency but payable in any foreign currency." {(Para 2(iii), Chapter 2 of Foreign Exchange Manual}.
It would be pertinent to mention here that even before the recent revision in Chapter 11, 'every authorized branch is permitted to deal in foreign currency notes, coins, deposits, credits, drafts, traveler's cheques, letters of credit and bills of exchange, expressed or drawn in Pakistan currency but payable in any foreign currency.' {(Para 2(iii), Chapter 2 of Foreign Exchange Manual}.
Sandoval also said DST for bills of exchange or drafts; upon acceptance of bills of exchange; and Foreign Bills of Exchange and Letters of Credit increased to P0.60 for every P200 and its exceeding fraction from P0.30.
Bills of exchange were by far the most arcane of these financial innovations.
3) accept drafts and issue letters of credit or letters of guarantee, negotiate notes and bills of exchange and other evidence of indebtedness;
The Bank took note of some people who tend to stick the Kuwaiti banknotes on their bills of exchange to make them seem as if they were issued by the CBK as promotion for the issuers.