bill of exchange

• Schriftliche, unbedingte Anweisung einer Partei (Aussteller) an eine andere (Bezogener), einen bestimmten Geldbetrag an eine dritte Partei (Remittent) bei Sicht oder zu einem festgelegten künftigen Termin zu zahlen; wird vor allem im internationalen Handel und Finanzwesen verwendet.

A written, unconditional order by one party (the drawer) to another (the drawee) to pay a specified sum of money to a third party (the payee) on demand or at a fixed future date, commonly used in international trade and finance.

1. Financial instrumentC1formal

   A written, unconditional order by one party (the drawer) to another (the drawee) to pay a specified sum of money on demand or at a fixed future date to a third party (the payee).

   Finanzinstrument

   • The exporter used a bill of exchange to secure payment from the importer.
   • The bank accepted the bill of exchange and guaranteed payment.
   • A bill of exchange is a key tool in international trade finance.