bill of exchange

1. A document ordering the payment of money;
   Drawn by one person or bank on another (synset 113398441)
   is a type of: negotiable instrument - an unconditional order or promise to pay an amount of money
   subtypes:

   • overdraft - a draft in excess of the credit balance
   • foreign bill, foreign draft - a bill of exchange that is drawn in one country and made payable in another
   • inland bill - a bill of exchange that is both drawn and made payable in the same country
   • redraft - a draft for the amount of a dishonored draft plus the costs and charges of drafting again
   • trade acceptance - a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
   • bank draft, banker's draft - a draft drawn by a bank against funds deposited in another bank
   • dividend warrant - an order of payment (such as a check payable to a shareholder) in which a dividend is paid
   • money order, postal order - a written order for the payment of a sum to a named individual; obtainable and payable at a post office
   • acceptance, banker's acceptance - banking: a time draft drawn on and accepted by a bank
   • bank check, check, cheque - a written order directing a bank to pay money
   • sight bill, sight draft - a draft payable on presentation
   • time bill, time draft - a draft payable at a specified future date
   same as: draft, order of payment

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