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.
References in periodicals archive ?
DUPLICATION OF EFFORT in a law firm or among law firms working cooperatively should not be billed.
Customers can be billed by a "premium" or faster delivery of service or by "non-premium" or best effort delivery of service.
For one project, a water saving analysis projects a $3,000 to $6,000 savings per month if a separate meter is installed on the irrigation system, and not billed the 159 percent of water usage towards sewer charges.
A cellular phone company could notify a customer via cell phone that he is about to exceed his allotment of free airtime, provide an option for the customer to add more minutes to his account and confirm that his account has been billed for the additional airtime.