non-prime bill - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “non-prime bill”

non-prime bill

noun [C] ( also nonprime bill)
 
 
FINANCE a bill of exchange (= document ordering someone to pay a particular amount for goods or services) that is thought to be at risk of not being paid and is therefore sold for a lower price
(Definition of non-prime bill from the Cambridge Business English Dictionary © Cambridge University Press)
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