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单词 dry exchange
释义

> as lemmas

dry exchange
b. dry exchange (= Italian cambio secco, French change sec): a method of evading the laws against usury by means of fictitious bills of exchange. Obsolete.The expression (trockner Wechsel) still survives in German in the sense of a promissory note, i.e. a bill drawn by a person upon himself.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > use of bills of exchange > types of
re-exchange1480
dry exchange1485
recamby1489
rechange1489
redrawing1671
short-exchange1866
1485–6 Act 3 Hen. VII c. 5 Eny bargayne..by the name of drye exchaunge..be utterly voide.
1572 T. Wilson Disc. Vsurye (1584) 117 b The second kind [of exchange by bills]..called sicke and drie exchange..is practised when one doth borrowe money by exchange for a strange region, at longer or shorter distance of time, to serue his turne the rather thereby, not minding to make anie reall paiment abroad; but compoundeth with the exchanger to haue it returned backe againe, according as the exchange shall passe from thence to London, for such distance of time as they were agreed vpon.
1682 J. Scarlett Stile of Exchanges 266 Dry Exchanges consist in a giving of Monyes..but the repayment is to be made after a certain time in the same place where the Monyes was given, and such a sum certain over and above, as the giver of Monyes can get and agree for.
extracted from exchangen.
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更新时间:2024/12/23 12:55:06