foreign bill

foreign bill
any bill of exchange other than an inland bill (that is, a bill that is both drawn and payable in the British Isles or one that is drawn in the British Isles upon someone resident there). Unless the contrary appears on its face, the holder may treat a bill as an inland bill. The distinction is relevant to the steps to be taken when a bill has been dishonoured.

Collins dictionary of law. . 2001.

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  • Foreign bill — Foreign For eign, a. [OE. forein, F. forain, LL. foraneus, fr. L. foras, foris, out of doors, abroad, without; akin to fores doors, and E. door. See {Door}, and cf. {Foreclose}, {Forfeit}, {Forest}, {Forum}.] 1. Outside; extraneous; separated;… …   The Collaborative International Dictionary of English

  • foreign bill — A bill of exchange which is not, or does not purport to be, both drawn and payable within the state. Uniform Negotiable Instruments L § 129. The primary importance of the distinction between an inland and a foreign bill of exchange lies in the… …   Ballentine's law dictionary

  • foreign bill (of exchange) — or foreign bill n. a bill of exchange drawn in one state or country and payable in another, as one arising from foreign trade operations * * * …   Universalium

  • foreign bill (of exchange) — or foreign bill n. a bill of exchange drawn in one state or country and payable in another, as one arising from foreign trade operations …   English World dictionary

  • foreign bill (of exchange) — or foreign bill n. a bill of exchange drawn in one state or country and payable in another, as one arising from foreign trade operations …   English World dictionary

  • foreign bill — noun a bill of exchange that is drawn in one country and made payable in another • Syn: ↑foreign draft • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment …   Useful english dictionary

  • foreign bill — a bill of exchange drawn on a payer in one country by a maker in another. Cf. inland bill. [1675 85] * * * …   Universalium

  • foreign bill — noun Date: 1682 a bill of exchange that is drawn in one jurisdiction (as a country or state) and payable within another …   New Collegiate Dictionary

  • foreign bill — See inland bill …   Big dictionary of business and management

  • Foreign — For eign, a. [OE. forein, F. forain, LL. foraneus, fr. L. foras, foris, out of doors, abroad, without; akin to fores doors, and E. door. See {Door}, and cf. {Foreclose}, {Forfeit}, {Forest}, {Forum}.] 1. Outside; extraneous; separated; alien; as …   The Collaborative International Dictionary of English

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