American Heritage® Dictionary of the English Language, Fourth Edition
- n. A written order directing that a specified sum of money be paid to a specified person.
GNU Webster's 1913
- n. (Com.) a written order or request from one person or house to another, desiring the latter to pay to some person designated a certain sum of money therein generally is, and, to be negotiable, must be, made payable to order or to bearer. So also the order generally expresses a specified time of payment, and that it is drawn for value. The person who draws the bill is called the
drawer, the person on whom it is drawn is, before acceptance, called the drawee, -- after acceptance, the acceptor; the person to whom the money is directed to be paid is called the payee. The person making the order may himself be the payee. The bill itself is frequently called a draft. See Exchange.
- n. See under Bill.
- n. a document ordering the payment of money; drawn by one person or bank on another
“I am glad you haue receaued the bill of exchange for Cales; if you should find occasion to make vse thereof.”
“He reports that the damage to the crops from a recent storm has been extensive, and in a post script tells the firm of a second bill of exchange to Daniel Watts.”
“It was a bill of exchange for one hundred pounds drawn by William Hathorne, of Salem, payable to Robert Hathorne in London, and dated October 19, 1651, which first gave Mr. Waters the clue to his discovery.”
“The last inclosed a bill of exchange from Mr. Grand on Tessier for £46-17-10 sterl. to answer Genl.”
“Robert Carter writes to William Dawkins, June 3, 1727, to advise the London merchant of a bill of exchange drawn on him payable to George Braxton.”
“Robert Carter writes to Weymouth merchant Edward Tucker, June 3, 1727, giving him details of the activities of his ships in the colony, and advising him of a bill of exchange drawn on him payable to George Braxton.”
“So away, I not finding of Mr. Moore, with whom I should have met and spoke about a letter I this day received from him from my Lord Hinchingbroke, wherein he desires me to help him to L1900 to pay a bill of exchange of his father's, which troubles me much, but I will find some way, if I can do it, but not to bring myself in bonds or disbursements for it, whatever comes of it.”
“Robert Carter writes to the London firm of merchants known as Captain John Hyde and Company, August 8, 1723, to report a bill of exchange he has drawn on them against the account of the estate of his son-in-law, Nathaniel Burwell, to John Bagg.”
“Robert Carter writes to London merchant Thomas Corbin, April 2, 1707, that the executors of Ralph Wormeley, of which he is one, have drawn a bill of exchange on Corbin to his cousin, Chicheley Corbin Thacker, which will not be sent before the next fleet.”
“Barnes, some time ago, forwarded you a bill of exchange for 5,500 francs, of which the enclosed is a duplicate.”
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