inland bill

American  

noun

1. a bill of exchange drawn and payable, actually or on its face, in the same jurisdiction, as in the same country or state.

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inland bill British  

noun

1. a bill of exchange that is both drawn and made payable in the same country Compare foreign bill

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Etymology

Origin of inland bill

First recorded in 1675–85

Example Sentences

A dishonoured inland bill may be noted, and the holder can recover the expenses of noting, but no legal consequences attach thereto.

From Project Gutenberg

An inland bill is one drawn and payable within a state.

From Project Gutenberg

Bills drawn on persons in foreign countries, are called foreign bills of exchange; those drawn on persons in distant places in our own country, are called inland bills of exchange.

From Project Gutenberg

Besides, the late law for noting and protesting inland bills, alters the case very much.

From Project Gutenberg

The negotiability of inland bills and of promissory notes was not recognized till long afterwards.

From Project Gutenberg