What is another word for bill of exchange?
Pronunciation: [bˈɪl ɒv ɛkst͡ʃˈe͡ɪnd͡ʒ] (IPA) 
A bill of exchange is a legal document used to transfer money from one party to another. It is also known as a draft or a payment order. In some countries, it is referred to as a promissory note. The terms 'commercial draft', 'trade bill', and 'banker's acceptance' are also used interchangeably with bill of exchange. These synonyms may differ based on the region and the nature of the transaction involved. A bill of exchange is commonly used in international trade transactions, and thus, it has several names in different languages. The most important aspect is, irrespective of the name, the transaction must be legally enforceable.
