单词 | bill of exchange |
释义 | bill of exchange bill of exchange noun [C] (abbr B/E) (BrE also bill)
(Finance ; Trade ) a written order for a person or an organization to pay a particular amount of money to sb/sth when asked or at a particular time, used especially in international trade: If the buyer accepts the bill of exchange, they will sign their name on it and date it. An exporter may obtain payment on an accepted bill of exchange before its due date by presenting it to his bank. ⇨ PROMISSORY NOTE
❖ to accept/discount/draw/make out/sign a bill of exchange |
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