Definition of commercial bill in English:

commercial bill

noun

单词	commercial bill
释义	Definition of commercial bill in English: commercial bill noun A bill of exchange issued by a commercial organization to raise money for short-term needs. Example sentencesExamples They do not apply to dealings by banks in other types of negotiable instruments such as promissory notes and commercial bills of exchange. They quickly replaced the liquidity lost as a result of the disappearance of sterling commercial bills. The most worrisome is their commercial bills amounting to 89 trillion won, nearly a third of which will meet their maturity this year. During the '90s we have seen returns on bank deposits and commercial bills, particularly important to fixed-income earners, barely above the official CPI inflation levels, currently providing a real return of just over two per cent. The tax required that all newspapers, pamphlets, legal documents, commercial bills, advertisements, and other papers issued in the colonies bear a stamp.
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