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Bills of exchange?

Discussion in 'General Investing Discussion' started by adkins_81, 1st Mar, 2010.

  1. adkins_81

    adkins_81 New Member

    Joined:
    11th Feb, 2010
    Posts:
    3
    Location:
    Adelaide, SA
    Hi everyone :)

    I've just started studying a dip in financial services and am having trouble grasping the concept of what a bill of exchange is.

    Can someone please give me an example or explain in simple terms for me?

    Thanks in advance!

    Janine
     
  2. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
  3. adkins_81

    adkins_81 New Member

    Joined:
    11th Feb, 2010
    Posts:
    3
    Location:
    Adelaide, SA
    Thank you :)