Definition of trade bill. : a time draft or bill of exchange becoming a trade acceptance when signed by an acceptor.

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. --Bills of exchange are similar to checks and promissory notes.

-- A bill of exchange drawn on and accepted (trade acceptance) by a trader in payment for goods. --Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills. --DEFINITION of 'Bill Of Exchange' 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.

> Define trade bills -- A bill of exchange drawn on and accepted (trade acceptance) by a trader in payment for goods. --Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills. **--DEFINITION of 'Bill Of Exchange'** 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. --Bills of exchange are similar to checks and promissory notes. They can be drawn by individuals or banks and are generally transferable by endorsements. The difference between a promissory note and a bill of exchange is that this product is transferable and can bind one party to pay a third party that was not involved in its creation. If these bills are issued by a bank, they can be referred to as bank drafts. If they are issued by individuals, they can be referred to as trade drafts.

Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills.

Hie Rohith, **Definition of trade bills :-** Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills.

Trade bills are Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills.

a bill of exchange drawn on and accepted (trade acceptance) by a trader in payment for goods

"Dear Friend, as far as your query is concerned that Define trade bills? Let me informed that Trade bills are Bill of exchange issued and/or endorsed (accepted) by non-bank entities and which, therefore, can be discounted only at rates higher than the rate for bank bills. in other words a time draft or bill of exchange becoming a trade acceptance when signed by an acceptor Hope answer was helpful to you Regards, Arjun Pratap Singh "