bill

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Bill

1. A statement given buy a seller to a buyer itemizing the sale and demanding payment. A bill may be for the sale of a good or a service. The bill usually states the names of the counterparties, the goods and/or services purchased, and adds any applicable sales tax or VAT. It may also include the terms of sale, especially if it is a credit sale. A bill is also called an invoice. See also: Receipt.

2. Informal for Treasury bill.

bill

1. A Treasury bill.
2. See due bill.

bill

  1. 1a financial instrument, such as a BILL OF EXCHANGE and TREASURY BILL, that is issued by a firm or government as a means of borrowing money.
  2. the colloquial term used to describe an INVOICE (a request for payment for products or services received).
  3. a draft of a particular piece of legislation that forms the basis of an Act of Parliament, such as the Fair Trading Act 1973.