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.

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 ?
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.
Thomas Traddles has, on two several occasions, "put his name", if I may use a common expression, to bills of exchange for my accommodation.
Securities and Exchange Commission, affirmed the National Short-Term Rating on ESSO (Thailand) Public Company Limited's (Esso) bills of exchange revolving programme of up to THB12 billion at 'F1(tha)'.
Furthermore, the Government adopted the draft Act on the Provision of Payment Services to Budget Users, which provides the establishment of records on bills of exchange issued by the budget users, thereby guaranteeing additional control over the budget users' debt, i.
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.
In the first treatise, Thomas Cajetan carefully argues for a use of bills of exchange on the money market (real exchange) that does not run afoul of the church's condemnation of usury.
He probably has never heard of The Bills of Exchange Act 1882, the foundation stone which banking was built on.
Through the early modern period, the growing class of merchants had turned local forms of credit exchange and promissory notes into the chief negotiating instrument of their international credit networks, and by the seventeenth century bills of exchange were commonplace in all manner of trade.
These guarantees are transaction-specific and may be evidenced by a variety of underlying instruments such as: letters of credit, trade-related promissory notes, accepted drafts, bills of exchange, guarantees, bid and performance bonds and advance payment guarantees.
In particular, acquisition of bills of exchange issued in Russia provided the opportunity for fraudulent actions.
Mayyaleh reviewed the developments related to the monetary policy and the major development in the Bank and its measures, especially allowing citizens to buy USD 10 thousand in cash or bills of exchange monthly.