Historically a form of paper currency used in Europe from the late Medieval to the early Modern period often as credit among merchants. Now refers to written orders to pay a specific sum of money on demand or at a specified future time; used with reference to foreign transactions; for similar orders to pay usually restricted to domestic transactions, use "drafts (negotiable instruments)."
AAT
3000193972
13yrs ago
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The Fitzwilliam Museum (2024) "Terminology definition for: bills of exchange" Web page available at: https://collection.beta.fitz.ms/id/terminology/term-100963 Accessed: 2024-09-16 19:58:09
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