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WordNet-Online
Definitions from WordNet
Noun foreign bill has 1 sense
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Definitions from the WebForeign BillDescription:A foreign bill is a financial instrument that represents a debt owed by one party to another in a different country's currency. It is often used in international trade to facilitate transactions between buyers and sellers in different countries. Senses:Noun:1. A bill of exchange in a foreign currency, typically used in international commerce. Usages:Foreign bills can be used in various contexts such as: 1. International Trade:Foreign bills are commonly used in international trade to settle transactions between parties located in different countries. They allow buyers and sellers to conduct business in their respective currencies, reducing currency conversion risks. Example sentence: The exporter presented a foreign bill to the importer for payment.2. Banking:Banks often handle foreign bills for their customers by providing services such as negotiation, collection, or discounting of these financial instruments. Example sentence: The bank offered to discount the foreign bill, providing immediate cash to the company.3. Finance:In finance, foreign bills may be bought and sold in the foreign exchange market as a means of speculating on currency fluctuations. Example sentence: The investor purchased foreign bills to take advantage of the projected currency appreciation.Related Products: | ||||
foreign-born foreign-earned foreign-owned foreign-registered foreign foreign affairs foreign agent foreign aid foreign bill foreign correspondent foreign direct investment foreign draft foreign exchange foreign exchange rate foreign intelligence service foreign intelligence surveillance act foreign intelligence surveillance court
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