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 — (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… … The Collaborative International Dictionary of English
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 Swap Bid Rate - BBSY — A benchmark interest rate quoted and dispersed by Reuters Information Service. The BBSY is typically used by financial institutions or corporations engaging in interest rate swaps and related transactions. A good example of where the bank bill… … Investment dictionary
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 …
