bills of exchange

  • 1Bills of Exchange Act — A Canadian statute passed in 1882 and modified in 1906, which in all essential particulars is an adoption of the negotiable instruments law adopted by most of the states of the Union …

    Ballentine's law dictionary

  • 2exchange — ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for another which …

    The Collaborative International Dictionary of English

  • 3Exchange broker — exchange ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for… …

    The Collaborative International Dictionary of English

  • 4bills payable — ➔ bill of exchange * * * bills payable UK US noun [plural] ► ACCOUNTING the bills of exchange that have been received by a company and not yet been paid, and the part of the company s accounts that shows these bills. Bills payable form part of a… …

    Financial and business terms

  • 5bills receivable — ➔ bill of exchange * * * bills receivable UK US noun [plural] ► ACCOUNTING the bills of exchange that a company will receive payment for in the future, and the part of the company s accounts that shows these bills. Bills receivable form part of a …

    Financial and business terms

  • 6exchange — ex·change n 1 a: a giving of something of value (as real property) in return for something of equal value (as money or property of a like kind) b in the civil law of Louisiana: a giving of something of value in return for something of equal value …

    Law dictionary

  • 7exchange — [eks chānj′, ikschānj′] vt. exchanged, exchanging [ME eschaungen < OFr eschangier < VL * excambiare: see EX 1 & CHANGE] 1. a) to give, hand over, or transfer (for another thing in return) b) to receive or give another thing for (something …

    English World dictionary

  • 8exchange — To barter; to swap. To part with, give or transfer for an equivalent. Kessler v. United States, C.C.A.Pa., 124 F.2d 152, 154. To transfer goods or services for something of equal value. Rosenberg v. State, 12 Md.App. 20, 276 A.2d 708, 711. Act of …

    Black's law dictionary

  • 9exchange — To barter; to swap. To part with, give or transfer for an equivalent. Kessler v. United States, C.C.A.Pa., 124 F.2d 152, 154. To transfer goods or services for something of equal value. Rosenberg v. State, 12 Md.App. 20, 276 A.2d 708, 711. Act of …

    Black's law dictionary

  • 10exchange, bill of — ▪ banking also called  draft  or  draught        short term negotiable financial instrument consisting of an order in writing addressed by one person (the seller of goods) to another (the buyer) requiring the latter to pay on demand (a sight… …

    Universalium