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单词 negotiation of a bill
释义

negotiation of a bill
The transfer of a bill of exchange from one person to another so that the transferee becomes the holder. A bill payable to bearer is negotiated by delivery; a bill payable to order is negotiated by the endorsement of the holder completed by delivery. The issue of a bill to the payee is not a negotiation.

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更新时间:2025/4/3 16:55:05