inland bill
- noun
- Specialized
:
letra de cambio nacional
- The company paid the supplier using an inland bill to simplify the transaction.
Examples
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Banks often handle inland bills differently from foreign bills due to the lower risk.
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An inland bill is often used for domestic transactions.
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An inland bill must be drawn and paid within the borders of the same country.
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The bank issued an inland bill to facilitate trade.
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An inland bill must be drawn and paid within the borders of the same country.
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Banks often handle inland bills differently from foreign bills due to the lower risk.
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The company paid the supplier using an inland bill to simplify the transaction.
Synonyms
A written order telling one person or bank to pay money to another at a set time
Surface Forms
Morphology
The compound meaning is directly compositional: 'inland' conveys 'within the country' and 'bill' denotes a financial/documentary charge, so a learner who knows both words will infer a bill used domestically. Although the full phrase refers specifically to a bill of exchange (a technical financial term), the core idea of a domestic or internal bill is transparently derived from the constituents.
Etymology
The term inland bill comes from two simple ideas: bill is a written order to pay and inland means inside the country. So an inland bill is a payment order that is made and paid inside the same country, which is why it refers to a bill 'within the borders'.
