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commercial bill

Line breaks: com|mer¦cial bill

Definition of commercial bill in English:

noun

A bill of exchange issued by a commercial organization to raise money for short-term needs.
Example sentences
  • They do not apply to dealings by banks in other types of negotiable instruments such as promissory notes and commercial bills of exchange.
  • The tax required that all newspapers, pamphlets, legal documents, commercial bills, advertisements, and other papers issued in the colonies bear a stamp.
  • They quickly replaced the liquidity lost as a result of the disappearance of sterling commercial bills.

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