bill of exchange

Questions about bill of exchange

What does bill of exchange mean?

bill of exchange means "a document ordering the payment of money; drawn by one person or bank on another".

What is another word for bill of exchange?

Close synonyms include draft, order of payment. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is bill of exchange a common word?

bill of exchange is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.