Business Loans Glossary: Bill of Exchange

Business Loans Glossary: Bill of Exchange

An instrument similar to a time or sight draft which the buyer signs. This is acknowledgement of debt for the goods he is buying.






Other terms explained in the Business Loans Glossary

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Main Page Article Id: 28 - Version: 3 - Created: 22-02-2008 - Last Updated: 26-03-2008 - Hits: 274   
Categories: Glossary

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