bill of exchange

noun phrase

: an unconditional written order from one person to another to pay a specified sum of money to a designated person

Word History

First Known Use

1534, in the meaning defined above

Time Traveler
The first known use of bill of exchange was in 1534

Dictionary Entries Near bill of exchange

Cite this Entry

“Bill of exchange.” Dictionary, Merriam-Webster, Accessed 28 Mar. 2023.

Legal Definition

bill of exchange

see bill sense 7

More from Merriam-Webster on bill of exchange

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