Bill of Sale
When a person borrows money and delivers goods as security, he
gives him a bill of sale, that is, permission to sell the goods if the
money is not returned on a stated day.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
More on Bill of Sale from Fact Monster:
- collateral - collateral collateral , something of value given or pledged as security for payment of a loan. ...