Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

bill of exchange

Read a random definition: House of Representatives

A quick definition of bill of exchange:

A bill of exchange is a written order that one person gives to another person, promising to pay a certain amount of money on a specific date or when asked. It's like a special kind of check that can be used for international transactions.

A more thorough explanation:

A bill of exchange is a type of financial document that is used to transfer money from one person or organization to another. It is a written order that requires one party to pay a fixed amount of money to another party either on demand or at a predetermined date.

For example, if a company in the United States wants to buy goods from a supplier in Europe, they may use a bill of exchange to make the payment. The company would write a document that orders their bank to pay a certain amount of money to the supplier's bank. The supplier can then take this document to their bank and receive the payment.

Another example of a bill of exchange is a check. When you write a check, you are essentially creating a bill of exchange that orders your bank to pay a certain amount of money to the person or organization you are giving the check to.

Overall, a bill of exchange is a useful tool for transferring money between parties, especially when they are located in different countries or regions. It provides a written record of the transaction and ensures that both parties are aware of their obligations.

bill of exceptions | bill of lading

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
CynicalOops
17:14
Presents
CynicalOops
17:14
Im just gonna get everyone tickets so thats why i said that
jackfrost11770
17:14
people are so stupid on the internet its crazy
CynicalOops
17:15
T5 soft
windyMagician
17:18
that and the post asking for low gpa success stories along with every other identifying detail
i should be a vtuber so i can finally realize my dream of becoming an anime girl
17:23
@CynicalOops: tickets to what?
CynicalOops
17:26
I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort
Dkk
18:08
Nice, I am on bad terms with my siblings so i am getting them nothing and they should get me nothing too and I am getting my mom a gift.
18:16
I just noticed that UMich has the majority of their acceptances really early on. Does anyone know what happens to mid-November applicants? Are we just cooked?
TGM
18:23
How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades
TGM
18:27
dropped my GPA below median for a couple of schools I’m applying to, when I was above median before
Dkk
18:32
@TGM: Not long enough to get another transcript to recover.
Dkk
18:33
Honestly you could just wait until someone actually asks for your fall grades. Who knows.
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
LSD+ is ad-free, with DMs, discounts, case briefs & more.