Bill of credit Meaning, Definition & Usage
Definitions
- .
(a) Within the constitution of the United States, a paper issued by a State, on the mere faith and credit of the State, and designed to circulate as money. No State shall "emit bills of credit." U. S. Const. Peters. Wharton. Bouvier(b) Among merchants, a letter sent by an agent or other person to a merchant, desiring him to give credit to the bearer for goods or money.
Definitions
- . See under
Bill .
