单词 | Time bill |
释义 | 遠期匯票 A bill payable at a determinable future time, which is expressed to be payable at a fixed period after date or sight or on a fixed period after the occurrence of a specified event which is certain to happen, even if the time of happening is not certain: Bills of Exchange Ordinance (Cap 19) s 11. If the bill or note is payable ‘after’ date or sight, it would be uncertain as it does not specify a determinable future time. It is usual to make bills and notes payable a specified number of months after date or sight. That period is known as the ‘usance’. See also Bill of exchange. |
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