bank bill Meaning in the Cambridge English Dictionary

Meaning of “bank bill” in the English Dictionary

"bank bill" in Business English

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bank billnoun [C]

uk   us  
(also banker's acceptance) FINANCE a ​documentsigned by a ​bankagreeing to ​pay the ​amount that is named on it: Bank ​bills are ​traded in the ​moneymarkets in the same way as ​tradebills, except that the ​rate of ​discount is ​smaller.
especially US →  banknote
(Definition of bank bill from the Cambridge Business English Dictionary © Cambridge University Press)
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“bank bill” in Business English

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