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🇮🇳Hindi Source WordCode: HI

विनिमय पत्र

Pronunciation / Transliteration: vinimay patra

🇬🇧 Direct English Meaning:
Bill of exchange/ˈbɪl əv ɪsˈtʃeɪndʒ/
nounCEFR C2 (Proficient)Top #14500 frequency
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🇮🇳 Example Sentence in Hindi:

"व्यापारी ने भुगतान के लिए विनिमय पत्र का उपयोग किया।"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A written order binding one party to pay a fixed sum of money to a third party at a predetermined future date or on demand.

    "The merchant used a bill of exchange to finance the overseas shipment of textiles."
  2. 2

    An unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money.

    "Under commercial law, a bill of exchange must clearly state the exact amount and the identity of the payee."
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Linguistic Origin & Historical Etymology

Derived from Middle English and Anglo-French legal terminology, building upon the medieval merchant practice of the 'littera cambios'. It evolved into a formal negotiable instrument used in international trade to facilitate payments across different currencies and jurisdictions.

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