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B did not, as he should have done, sign and return the bill of exchange.
Such an order was referred to as a bill of exchange.
But his bill of exchange came all the same.
This would include the endorser on a bill of exchange.
Any deficiency would reduce the amount to be paid on the bill of exchange.
In friendly ports, bills of exchange would have been used.
"You could bring in goods, or offer bills of exchange."
You may also negotiate cash advances from your bank, using the bill of exchange as security.
The government established a complete monopoly on foreign bills of exchange.
A bill of exchange is essentially an order made by one person to another to pay money to a third person.
The company operated by weekly 60 million marks' bills of exchange.
In international trade, however, the bill of exchange still operates in this way.
I still have questions but only with regard to the bill of exchange, Amendment No 18.
The bill of exchange is written out initially by the seller who becomes the drawer.
George was forging bills of exchange to pay off his wholesalers.
Bills of exchange were used extensively, often circulating as currency.
Bills of exchange may be drawn in any currency.
The discount rate is the level at which the central bank buys bills of exchange from banks.
Section 15 - Proviso as to paper used for bills of exchange etc.
The sequence of events to create a bill of exchange is illustrated in Figure 9.3.
An individual may take his promissory notes or bills of exchange to the bank for discount.
Credit provided by bills of exchange thus lubricates and assists trade development.
The second consisted in guaranteeing payment on bills of exchange from third parties.
Once the customer accepts this bill of exchange, they are legally liable for payment.
As the credit system broke down, bills of exchange were rejected and almost all heavy gold was sent to Britain.