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what is Bil of Exchange

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what is Bil of Exchange

Dec 22nd, 2014

A non-interest-bearing written order used primarily in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date.

Reference:

http://www.investopedia.com/terms/b/billofexchange.asp


Dec 22nd, 2014

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Dec 22nd, 2014
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