English > bill of exchange: 1 sense > noun 1, possession| Meaning | A document ordering the payment of money; drawn by one person or bank on another. |
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| Synonyms | draft, order of payment |
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| Narrower | acceptance, banker's acceptance | (banking) a time draft drawn on and accepted by a bank |
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| bank draft, banker's draft | A draft drawn by a bank against funds deposited in another bank |
| check, bank check, cheque | A written order directing a bank to pay money |
| dividend warrant | An order of payment (such as a check payable to a shareholder) in which a dividend is paid |
| foreign bill, foreign draft | A bill of exchange that is drawn in one country and made payable in another |
| inland bill | A bill of exchange that is both drawn and made payable in the same country |
| money order, postal order | A written order for the payment of a sum to a named individual |
| overdraft | A draft in excess of the credit balance |
| redraft | A draft for the amount of a dishonored draft plus the costs and charges of drafting again |
| sight draft, sight bill | A draft payable on presentation |
| time draft, time bill | A draft payable at a specified future date |
| trade acceptance | A bill of exchange for a specific purchase |
| Broader | negotiable instrument | An unconditional order or promise to pay an amount of money |
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| Spanish | letra de cambio, letra, libramiento, libranza |
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| Catalan | lletra de canvi, lletra, lliurament, lliurança |
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