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Simple English definitions for legal terms

bill of exchange

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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

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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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