bill of exchange

• Orden escrita e incondicional de una parte (librador) a otra (librado) de pagar una cantidad determinada a un tercero (beneficiario) a la vista o en una fecha futura fija, empleada habitualmente en el comercio internacional y las finanzas.

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).

   Letra de cambio

   • 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.