Definition of bank bill in English:

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bank bill

noun

1British A bill of exchange drawn by one bank on another.
Example sentences
  • Interest rate futures are futures contracts based on financial instruments such as bank bills of exchange or government bonds.
  • On the money market, 90-day bank bill yields were at 6.57 per cent.
  • The 90-day bank bill rate rose from 6.4 per cent in 1973 to 8.8 per cent in 1974-75.
2US another term for banknote.
Example sentences
  • Henderson went in first, presented a bank bill and asked the clerk, a man named Jesse Baker, if it was good.
  • He designed tissues, stamps and even bank bills.

For editors and proofreaders

Syllabification: bank bill

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