bill of exchange

Definition of "bill of exchange"
  1. A written order from an individual, commanding another to pay a specific amount of money to a designated third party
How to use "bill of exchange" in a sentence
  1. The merchant used a bill of exchange to ensure his supplies were paid for.
  2. The bill of exchange commanded the bank to pay the specified sum to the beneficiary.
  3. His business operations heavily rely on bills of exchange for smooth transactions.

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