Question

Payment in accordance with the apparent tenor of the bill. Answer in a word / phrase / term.

Answer 1

Heya user ✨✨

Payment in accordance with the apparent tenor of the bill➡️ Honour of Bill

Answer 2

Answer:

Honour of bill

Explanation:

Payment in accordance with the apparent tenor of the bill is known as the honour of bill.

Honour of bill is the acceptance by a bank for payment of a check or a credit card transaction, depending on the quantity of funds or loan available in relation to the quantity of payment. Thus, a bill is said to have been honoured if on the maturity date the drawee is able to make the payment.