What does bill presentment mean?

bill presentment meaning in Law Dictionary

1. providing a bill of change to a bank become acknowledged as repayment. 2. sending an electric invoice so an individual can review fees before generally making a payment.

bill presentment meaning in Business Dictionary

1.u000du000aBanking: Submission of a bill of change because of the showing bank toward drawee for acceptance (if it's a period draft) or for payment (in case it is a sight draft).u000du000au000du000au000du000a2.u000du000aDigital commerce: Submission of an invoice via the internet so your client, client, or subscriber can analyze it before generally making internet based payment.