What is meant by a bill of exchange?

1.	What is meant by a bill of exchange?
Answer» Bill of Exchange: A bill of exchange is an instrument in writing drawn by the creditor upon his debtor containing an unconditional order to pay a certain sum of money on a certain date to a certain person or to his order or to the bearer of the instrument for the value received.

Answer»

Bill of Exchange:

A bill of exchange is an instrument in writing drawn by the creditor upon his debtor containing an unconditional order to pay a certain sum of money on a certain date to a certain person or to his order or to the bearer of the instrument for the value received.

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What is meant by a bill of exchange?

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