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Simple English definitions for legal terms

bill of exchange

Read a random definition: approvement

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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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