MLchartDataset catalogue

Bill of exchange

Term · Law · MLC-T-LAW-000722

A written order from one party (the drawer) to a second party (the drawee) to pay a specified sum of money to a third party (the payee) on demand or at a fixed future date. This instrument is a fundamental tool in international trade and finance. It is governed by the Uniform Commercial Code in the United States.

Table 1. Record
IdentifierMLC-T-LAW-000722
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000722",
  "term": "Bill of exchange",
  "field": "Law",
  "definition": "A written order from one party (the drawer) to a second party (the drawee) to pay a specified sum of money to a third party (the payee) on demand or at a fixed future date. This instrument is a fundamental tool in international trade and finance. It is governed by the Uniform Commercial Code in the United States.",
  "url": "https://mlchart.com/terminology/law/bill-of-exchange/"
}

Record 522 of 5,439 in Law terminology (MLC-0107). Request the full dataset.