Question

A bill of exchange drawn and accepted for a value received. Answer in a word / phrase / term.

Answer 1

HeyA User ✨✨

⏩Bill receivable.

Answer 2

Answer:

Trade bill

Explanation:

A bill of exchange drawn and accepted for a value received is the trade bill.

A trade bill is an exchange bill which is issued and/or supported by the non-bank institutions and can therefore only be discounted at prices greater than the bank bill level. A bill of exchange should clearly specify the amount of money, the date, and the parties involved including both the drawer and drawee.