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bill of exchange vs time draft

time draft vs bill of exchange

bill of exchange and time draft both are nouns.

Word NounAdjectiveVerbAdverb
bill of exchange Yes No No No
time draft Yes No No No
As nouns, time draft is a hyponym of bill of exchange; that is, time draft 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 draft: a draft payable at a specified future date
bill of exchange (noun) time draft (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 draft

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