foreign bill
- noun
- /ˈfɔrɪn bɪl/
- Specialized
- After receiving his foreign bills, he realized he needed to exchange currency to settle the payments.
Examples
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Lobbies and endorsements and acceptances and foreign bills: $3,014,142 and no cents.
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The company had trouble collecting payments because of several unpaid foreign bills from their international clients.
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To manage cash flow issues, the exporter decided to factor in their foreign bills through a financial institution.
Synonyms
A paper telling you how much you must pay
A bank document used to pay money in another country
A written order telling one person or bank to pay money to another at a set time
Surface Forms
Morphology
The compound is a straightforward composition of 'foreign' (relating to another country) + 'bill' (a document for money owed), so a B1 learner who knows both words can infer it refers to a bill connected with another country or payable abroad. While the precise financial/legal sense 'bill of exchange' is somewhat technical, the core meaning is transparently derivable from the constituents and follows common cross-linguistic patterns.
Etymology
Foreign bill comes from old trade: merchants used a paper, a bill, promising money that someone would pay in a foreign town. So a foreign bill today means a paper that tells someone 'to be paid in another country'.