Definition of bank bill in English:
1British A bill of exchange drawn by one bank on another.
- 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.
Definition of bank bill in:
- British & World English dictionary