What is another word for bill of exchange?

234 synonyms found


[ bˈɪl ɒv ɛkst͡ʃˈe͡ɪnd͡ʒ], [ bˈɪl ɒv ɛkst‍ʃˈe‍ɪnd‍ʒ], [ b_ˈɪ_l ɒ_v ɛ_k_s_tʃ_ˈeɪ_n_dʒ]

A bill of exchange is a legal document used to transfer money from one party to another. It is also known as a draft or a payment order. In some countries, it is referred to as a promissory note. The terms 'commercial draft', 'trade bill', and 'banker's acceptance' are also used interchangeably with bill of exchange. These synonyms may differ based on the region and the nature of the transaction involved. A bill of exchange is commonly used in international trade transactions, and thus, it has several names in different languages. The most important aspect is, irrespective of the name, the transaction must be legally enforceable.

Related words: bill of exchange definition, bill of exchange meaning, bill of exchange definition pdf, bill of exchange pdf, bill of exchange types, what is a bill of exchange

Related questions:

  • Who can issue a bill of exchange?
  • What is a bill of exchange type?
  • Can you issue a bill of exchange online?
  • What is a bill of trade?

    Synonyms for Bill of exchange:

    How to use "Bill of exchange" in context?

    When you want to send someone money, you usually use a check. A check is an official document that says you will pay someone. A bill of exchange is a kind of check. It is a document that says you will pay someone with money you have already earned. The bill of exchange is usually used when you want to buy something from someone. You ask the person you are buying from to give you a bill of exchange. Then you go and get the money you need to pay them with. bills of exchange are usually used in business.

    Word of the Day

    home and dry