finance bill of exchange

  • 21Hedge (finance) — For other uses, see Hedge (disambiguation). Finance Financial markets …

    Wikipedia

  • 22Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …

    Wikipedia

  • 23bank bill — ➔ bill of exchange * * *    A bill of exchange issued or accepted by a bank. It is thus more acceptable than a normal trade bill of exchange because the risk is less and the discount is accordingly also smaller.    ► See also Bill of Exchange. *… …

    Financial and business terms

  • 24accommodation bill — a bill of exchange accepted by an accommodation party, that is, a person signing without receiving value and for the purpose of lending his name (and his credit) to someone else. An accommodation party is liable on the bill to a holder for value …

    Law dictionary

  • 25trade bill — ➔ bill of exchange * * *    ► See Bill of Exchange. * * * trade bill UK US noun [C] (also commercial bill) FINANCE, COMMERCE ► a bill of exchange (= a document ordering someone to pay a particular amount at a particular time) tha …

    Financial and business terms

  • 26fine trade bill — ➔ bill of exchange * * * fine trade bill UK US noun [C] ► FINANCE a BILL OF EXCHANGE(Cf. ↑bill of exchange) (= a document ordering the person it is given to to pay a particular amount of money at a particular time for goods or services) that has… …

    Financial and business terms

  • 27discounted bill — ➔ bill of exchange * * * discounted bill UK US noun [C] FINANCE ► a bill of exchange that can be sold before its payment date at a price that is lower than its value, so investors will get a profit when the bill is paid on its payment date: »A… …

    Financial and business terms

  • 28sight bill — ➔ bill of exchange * * * sight bill UK US noun [C] BANKING, FINANCE ► a bill of exchange that must be paid immediately: »When a sight bill is presented to the importer he has to make the payment immediately, or within 7 days at most …

    Financial and business terms

  • 29backed bill — ➔ bill of exchange * * * backed bill UK US noun [C] ► BANKING, FINANCE a type of bill of exchange (= written promise to pay a debt) in which a bank agrees to pay a debt if the person or organization borrowing the money is unable to pay it …

    Financial and business terms

  • 30commercial bill — ➔ bill of exchange * * * commercial bill UK US noun [C] FINANCE ► TRADE BILL(Cf. ↑trade bill) …

    Financial and business terms