bill of exchange
noun phrase
: an unconditional written order from one person to another to pay a specified sum of money to a designated person
Examples of bill of exchange in a Sentence
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The bill of exchange was a sort of precursor to the traveler’s check: a document representing a quantity of gold that could be exchanged for the real thing in a different city.
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IEEE Spectrum, 30 May 2012
The invention of the bill of exchange, which laid the groundwork for the emergence of paper money in the West, also occurred during this period.
—IEEE Spectrum, 30 May 2012
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IEEE Spectrum, 30 May 2012
The invention of the bill of exchange, which laid the groundwork for the emergence of paper money in the West, also occurred during this period.
—IEEE Spectrum, 30 May 2012
Cite this Entry
“Bill of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bill%20of%20exchange. Accessed 8 Mar. 2025.
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