Difference between revisions of "Bill of Exchange"
From Open Risk Manual
Wiki admin (talk | contribs) (Initial Entry) |
(No difference)
|
Latest revision as of 23:02, 10 February 2020
Definition
Bill of Exchange. It is an unconditional written order by one party, the drawer, requiring another party, the drawee, to pay the drawer or a third party (the payee) a specified sum of money on demand or at a pre-determinable future date.