Sentence Examples with the word bill of exchange

I heard it proposed lately that two young men should travel together over the world, the one without money, earning his means as he went, before the mast and behind the plow, the other carrying a bill of exchange in his pocket.

When a bill of exchange is not payable at sight or on demand, certain days (called days of grace, from being originally a gratuitous favour) are added to the time of payment as fixed by the bill, and the bill is then due and payable on the last day of grace.