Bill of exchange

Definition The concept of a "bill of exchange" applies to a well-established historical means of transferring funds across long distances and making money available/accessible to actors in distant locations. Bills of exchange were "means of cashless payment [which] were combined instruments of credit and money transfer and served, thus, for the financing of exports as well as for the transferring of money without recourse to expensive and risky transfers of precious metals."en
KOS Prize Papers: Dokumenttyp
publisher Carl von Ossietzky Universit├Ąt Oldenburg
modified 2020-03-04

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2020-04-09T12:27:41+02:00 627 ms 1