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bill of exchange vs overdraft

overdraft vs bill of exchange

bill of exchange and overdraft both are nouns.

Word NounAdjectiveVerbAdverb
bill of exchange Yes No No No
overdraft Yes No No No
As nouns, overdraft is a hyponym of bill of exchange; that is, overdraft is a word with a more specific, narrower meaning than bill of exchange:
  • bill of exchange: a document ordering the payment of money; drawn by one person or bank on another
  • overdraft: a draft in excess of the credit balance
bill of exchange (noun) overdraft (noun)
a document ordering the payment of money; drawn by one person or bank on another a draft in excess of the credit balance
Difference between bill of exchange and overdraft

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