pluralbills of exchange(alsobill,written abbreviationb/e)COMMERCE,FINANCEadocument, usedespeciallyininternationaltrade, thatordersapersonororganizationtopayaparticularamountofmoneyat aparticulartimeforgoodsorservices:Anexportermayobtainpaymenton anacceptedbill ofexchangebeforeitsduedatebypresentingthe bill to hisbank.(Definition ofbill of exchangefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofbill of exchange
bill of exchangeAbillofexchangeis essentially an order made by one person to another to pay money to a third person.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In 1809 he was charged with forging abillofexchange, and he was convicted and sentenced to death.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Abillofexchangerequires in its inception three partiesthe drawer, the drawee, and the payee.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This would include the endorser on abillofexchange.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Cheques, a type ofbillofexchange, then began to evolve.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In medieval banking, usance denoted the period of time, set by custom, before abillofexchangecould be redeemed at its destination.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.A "draft" is abillofexchangewhich is not payable on demand of the payee.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Such an order was referred to as a "billofexchange".FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This includes the sale of land, a lease of property over three years, a consumer credit agreement, and abillofexchange.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Goods were supplied to a buyer against abillofexchange, which constituted the buyer's promise to make payment at some specified future date.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/bill-of-exchange##
