bill of exchange
/ˌbɪl əv ɪksˈtʃeɪndʒ/noun
उच्चारण बिल अव इक्स्चेन्ज
विनिमय-पत्र, हुंडी
Advanced word
noun
- 1
[C] finance
a written order to pay a particular amount of money to a particular person on a fixed date or when it is demanded
विनिमय-पत्र, हुंडी
- The buyer accepted a bill of exchange payable in ninety days.
- A cheque is a special kind of bill of exchange.
✓In the exam
General knowledge
In India, bills of exchange, promissory notes and cheques are governed by the Negotiable Instruments Act, 1881.
भारत में bills of exchange, promissory notes और cheques परक्राम्य लिखत अधिनियम, 1881 के अंतर्गत आते हैं।