bills+of+exchange

  • 41bill of exchange — a written authorization or order to pay a specified sum of money to a specified person. [1570 80] * * * Short term negotiable financial instrument consisting of a written order addressed by the seller of goods to the buyer requiring the latter to …

    Universalium

  • 42Bill Of Exchange — A non interest bearing written order used primarily in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date. Bills of exchange are similar to checks and promissory notes. They can be …

    Investment dictionary

  • 43first of exchange — The first of a set of bills of exchange, drawn in duplicate or triplicate, the honoring of any one of which avoids the others. Bank of Pittsburgh v Neal (US) 22 How 96, 16 L Ed 323. See bills in a set …

    Ballentine's law dictionary

  • 44gold-exchange standard — /gohld iks chaynj / a monetary system in one country in which currency is maintained at a par with that of another country that is on the gold standard. * * * ▪ monetary system       monetary system under which a nation s currency may be… …

    Universalium

  • 45bill of exchange — /ˌbɪl əv ɪks tʃeɪndʒ/ noun a document, signed by the person authorising it, which tells another person or a financial institution to pay money unconditionally to a named person on a certain date (NOTE: Bills of exchange are usually used for… …

    Dictionary of banking and finance

  • 46bill of exchange — UK / US noun [countable] Word forms bill of exchange : singular bill of exchange plural bills of exchange a written order saying that someone must pay a particular person an amount of money on a fixed date …

    English dictionary

  • 47first of exchange — Where a set of bills of exchange is drawn in duplicate or triplicate, for greater safety in their transmission, all being of the same tenor, and the intention being that the acceptance and payment of any one of them (the first to arrive safely)… …

    Black's law dictionary

  • 48first of exchange — Where a set of bills of exchange is drawn in duplicate or triplicate, for greater safety in their transmission, all being of the same tenor, and the intention being that the acceptance and payment of any one of them (the first to arrive safely)… …

    Black's law dictionary

  • 49billof exchange — bill of exchange n. pl. bills of exchange Abbr. B/E A written order directing that a specified sum of money be paid to a specified person. * * * …

    Universalium

  • 50bill of exchange — An unconditional order in writing, addressed by one person (the drawer) to another (the drawee) and signed by the person giving it, requiring the drawee to pay on demand or at a fixed or determinable future time a specified sum of money to or to… …

    Accounting dictionary