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bills of exchange



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An increasingly international network of financiers had created their own private money – of IOUs or bills of exchange – which allowed them to abandon sovereigns' money altogether.

From The Guardian Jun. 5, 2013

For example, bills of exchange established exchange rates between different coinage systems.

From Textbooks Jan. 1, 2012

Baker, it turned out, had forged the signatures of Docker and Mann to the bills of exchange.

From Time Magazine Archive

In Würtemberg, all those having the right to draw bills of exchange were exempted from them in 1839.

From Principles of Political Economy, Vol. II by Wilhelm Roscher

The premium or discount on foreign bills of exchange is sometimes called agio.

From Webster's Unabridged Dictionary by Noah Webster




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