bill payable at a future time

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• bill of exchange — An unconditional order in writing, addressed by one person (the drawer) to another (the drawee) and signed by the person giving it, requiring the drawee to pay on demand or at a fixed or determinable future time a specified sum of money to or to… …   Big dictionary of business and management

• bill of exchange — An unconditional order in writing, addressed by one person (the drawer) to another (the drawee) and signed by the person giving it, requiring the drawee to pay on demand or at a fixed or determinable future time a specified sum of money to or to… …   Accounting dictionary

• bill — n 1: a draft of a law presented to a legislature for enactment; also: the law itself the GI bill ap·pro·pri·a·tions bill /ə ˌprō prē ā shənz /: a bill providing money for government expenses and programs ◇ Appropriations bills originate in the… …   Law dictionary

• time bill — A bill of exchange payable at some future date, for example, 90 days after the date of the bill or after sight (that is, acceptance or refusal by the drawee), is called a time, term or usuance bill/draft. On delivery of a time bill to the drawee …   Law dictionary

• bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a …   Black's law dictionary

• bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a …   Black's law dictionary

• time bill — noun a draft payable at a specified future date • Syn: ↑time draft • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun 1. : a bill of exchange payable at a definite future time …   Useful english dictionary

• time draft — noun a draft payable at a specified future date • Syn: ↑time bill • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun : a draft payable a specified number of days after date of the draft or presentation to the drawee * * * a… …   Useful english dictionary

• payable — Capable of being paid; suitable to be paid; admitting or demanding payment; justly due; legally enforceable. A sum of money is said to be payable when a person is under an obligation to pay it. Payable may therefore signify an obligation to pay… …   Black's law dictionary

• time draft — A draft that is payable on a future date. American Banker Glossary Demand for payment at a stated future date. Bloomberg Financial Dictionary * * *    ► See Bill of Exchange …   Financial and business terms

• Bill — Bill, n. [OE. bill, bille, fr. LL. billa (or OF. bille), for L. bulla anything rounded, LL., seal, stamp, letter, edict, roll; cf. F. bille a ball, prob. fr. Ger.; cf. MHG. bickel, D. bikkel, dice. Cf. {Bull} papal edict, {Billet} a paper.] [1913 …   The Collaborative International Dictionary of English