bill of exchange

bill of exchange: see draft.

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.

More on bill of exchange from Fact Monster:

  • securities - securities securities, in finance, instruments giving to their legal holders rights to money or ...
  • negotiable instrument - negotiable instrument negotiable instrument, bill of exchange, check, promissory note, or other ...
  • discount - discount discount, in banking and investment, fee for lending money, which the banker deducts from ...
  • commercial paper - commercial paper commercial paper, type of short-term negotiable instrument, usually an unsecured ...
  • foreign exchange - foreign exchange foreign exchange, methods and instruments used to adjust the payment of debts ...

See more Encyclopedia articles on: Money, Banking, and Investment