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

In England no protest is required in the case of the dishonour of an inland bill, notice of dishonour being sufficient.

From Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix" by Various

The earliest reported case of an inland bill occurs in 1663.

From The Atlantic Monthly, Volume 11, No. 65, March, 1863 by Various

A check payable to bearer passes by delivery; and the bearer may sue on it as on an inland bill of exchange.

From The Government Class Book Designed for the Instruction of Youth in the Principles of Constitutional Government and the Rights and Duties of Citizens. by Young, Andrew W.

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

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

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

From Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix" by Various