Definition, Meaning & Synonyms
escrete
noun
/ɛsˈkrɛt/
Definition
A currency or draft, particularly in the context of trading.
Examples
- In the 18th century, merchants often used escretos to facilitate trade.
- She signed the escrete to confirm the transaction.
- The escrete represented a major step in the negotiation process.
Meaning
The term ‘escrete’ refers to a financial instrument or document used in certain commercial transactions, representing a promise to pay a specific amount of money.
Synonyms
- draft
- bill of exchange
- promissory note