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bill of exchange vs time bill

time bill vs bill of exchange

bill of exchange and time bill both are nouns.

Word NounAdjectiveVerbAdverb
bill of exchange Yes No No No
time bill Yes No No No
As nouns, time bill is a hyponym of bill of exchange; that is, time bill 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
  • time bill: a draft payable at a specified future date
bill of exchange (noun) time bill (noun)
a document ordering the payment of money; drawn by one person or bank on another a draft payable at a specified future date
Difference between bill of exchange and time bill

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