trade bills

trade bills
Also known as commercial bills. Dresdner Kleinwort Wasserstein financial glossary
IOUs issued by companies (usually medium sized) and usually guaranteed ('accepted') by a bank. They pay no interest and hence are issued at a discount to nominal value. They have varying maturities ( maturity). They may be eligible bills, indicating that the Bank of England is prepared to purchase them in the money markets. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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  • Trade bills and promissory notes —   Accounts which contain: all discounted bills and promissory notes used as a means of payment in domestic and international trade (relating to letters of credit and collections) …   International financial encyclopaedia

  • Trade — Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s house …   The Collaborative International Dictionary of English

  • Trade dollar — Trade Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s …   The Collaborative International Dictionary of English

  • Trade price — Trade Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s …   The Collaborative International Dictionary of English

  • Trade sale — Trade Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s …   The Collaborative International Dictionary of English

  • Trade wind — Trade Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s …   The Collaborative International Dictionary of English

  • Bills–Dolphins rivalry — The Bills–Dolphins rivalry is a National Football League (NFL) rivalry between the Buffalo Bills and Miami Dolphins franchises. The teams, who are both members of the American Football Conference East Division, play two games against one another… …   Wikipedia

  • bills payable — The amounts owed by a business to its creditors, such as trade suppliers. An item that may appear in a firm s accounts under current liabilities, summarizing the bills of exchange being held, which will have to be paid when they mature …   Big dictionary of business and management

  • trade bill — A bill of exchange used to pay for goods. They are usually either held until they mature, as they do not command a favourable discount rate compared to bank bills, or they are discounted by banks …   Big dictionary of business and management

  • commercial bills — Also known as trade bills. Dresdner Kleinwort Wasserstein financial glossary IOUs issued by companies (usually medium sized) and usually guaranteed ( accepted ) by a bank. They pay no interest and hence are issued at a discount to nominal value.… …   Financial and business terms

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