Meaning of “bank bill” in the English Dictionary

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"bank bill" in Business English

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bank billnoun [ C ]

uk us

also banker's acceptance FINANCE a document signed by a bank agreeing to pay the amount that is named on it:

Bank bills are traded in the money markets in the same way as trade bills, except that the rate of discount is smaller.

especially US →  banknote

(Definition of “bank bill” from the Cambridge Business English Dictionary © Cambridge University Press)