Bill receivable. A written evidence of debt that is payable to the holder; a promissory note or an
acceptance (a bill of exchange that has been accepted) is in the hands of a person to whom it is
payable a bill receivable.
A bill receivable that is included under the head commercial paper is a promissory note that has
been received for goods sold and that has in order to effect its discount (sale) been indorsed by
the party who received it.
acceptance (a bill of exchange that has been accepted) is in the hands of a person to whom it is
payable a bill receivable.
A bill receivable that is included under the head commercial paper is a promissory note that has
been received for goods sold and that has in order to effect its discount (sale) been indorsed by
the party who received it.
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