transitive. To make a formal written declaration of the non-acceptance or non-payment of (a negotiable instrument, as a bill of exchange). Cf. protest…

transitive. Originally Scottish. Originally: to recover, retrieve (a document detailing an obligation to be discharged, esp. upon fulfilment of the…

To draw (a bill or money by a bill).

transitive. To accept or pay (a bill of exchange); to advance money on (a mortgage or other loan); to pay off.

transitive. Business. To accept or pay (a bill of exchange, debt, cheque, etc.) when due. Also in figurative context.

transitive. To pay the value of (a bill of exchange or promissory note) before its maturity date, with a deduction equivalent to the interest at a…

Commerce. To grant an indulgence on (a bill); to allow (a person) an extension of the time within which a bill is to be met. Cf. indulgence, n. 5.

Commerce. To refuse or fail to accept or pay (a bill of exchange, etc.); to make default in meeting (a promissory note).

To be sufficient to defray (a charge, or expense), or to meet (a liability or risk of loss); to counterbalance or compensate (a loss or risk) so as…

spec. Of bills: (see quot. 1866).

transitive. Business. To provide funds to meet (a commercial draft or bill of exchange). Cf. cover, v.1 18. Now rare.