Updated: Aug 20, 2021

A document giving evidence of indebtedness of one party to another. A bill may simply be a written order for goods which can be used as security for a loan to the supplier from a bank, or it may be a security such as a treasury bill or bill of exchange.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.