释义 |
due bill
due billn. A written acknowledgment of indebtedness to a particular party but not payable to the party's order or transferable by endorsement.due bill n (Commerce) chiefly US a document acknowledging indebtedness, exchangeable for goods or services LegalSeeInvoicedue bill
Due billAn instrument evidencing the obligation of a seller to deliver securities sold to the buyer. Occasionally used in the bill market.InvoiceA statement given by a seller to a buyer itemizing the sale and demanding payment. An invoice may be for the sale of a good or a service. The invoice usually states the names of the counterparties and the goods and/or services purchased, and adds any applicable sales tax or VAT. It may also include the terms of sale, especially if it is a credit sale. An invoice is also called a bill or a due bill. See also: Receipt.due bill A statement of a liability by one party to another party following a transaction. In the case of a security transaction, a due bill reflects money or securities owed by one broker to the other broker. For example, stock purchased on the ex-dividend date gives the seller rather than the buyer the right to receive the subsequent dividend. However, because the actual payment date of the dividend may follow the ex-dividend date by as much as a month, the buyer will be required to sign a due bill indicating that the dividend belongs to the selling party. Also called bill.ThesaurusSeeinvoice |