Bank bill

Bank bill
Bank bill Bank" bill` (b[a^][ng]k" b[i^]l`). 1. In America (and formerly in England), a promissory note of a bank payable to the bearer on demand, and used as currency; a bank note. [1913 Webster]

2. In England, a note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • bank bill — ➔ bill of exchange * * *    A bill of exchange issued or accepted by a bank. It is thus more acceptable than a normal trade bill of exchange because the risk is less and the discount is accordingly also smaller.    ► See also Bill of Exchange. *… …   Financial and business terms

  • bank-bill — bankˈ bill noun 1. Formerly, a banknote 2. A bank draft • • • Main Entry: ↑bank …   Useful english dictionary

  • bank bill — n. BANK NOTE …   English World dictionary

  • bank bill — noun a piece of paper money (especially one issued by a central bank) he peeled off five one thousand zloty notes • Syn: ↑bill, ↑note, ↑government note, ↑banker s bill, ↑bank note, ↑banknote, ↑Federal Reser …   Useful english dictionary

  • bank bill — banknote ank note , bank note ank note (b[a^][ng]k n[=o]t ). 1. A promissory note issued by a bank or banking company, payable to the bearer on demand. See also sense 4. [1913 Webster] Note: In the United States popularly called a {bank bill}.… …   The Collaborative International Dictionary of English

  • bank bill — A bill of exchange issued or guaranteed (accepted) by a bank. It is more acceptable than a trade bill as there is less risk of non payment and hence it can be discounted at a more favourable rate, although to some extent this depends on the bank… …   Big dictionary of business and management

  • bank bill — / bæŋk bɪl/ noun 1. GB a bill of exchange by one bank telling another bank (usually in another country) to pay money to someone 2. GB same as banker’s bill 3. US same as banknote …   Dictionary of banking and finance

  • bank bill — noun 1》 Brit. a bill of exchange drawn by one bank on another. 2》 US a banknote …   English new terms dictionary

  • bank bill — /ˈbæŋk bɪl/ (say bangk bil) noun a commercial bill which has been accepted or endorsed by a trading bank …   Australian-English dictionary

  • bank bill — See bank (bank note) …   Black's law dictionary

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