Business Dictionary :


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Bill : noun :

(a) Written list of charges to be paid

• The salesman wrote out the bill.

• Does the bill include VAT?

• The bill is made out to Smith Ltd.

• The builder sent in his bill.

• He left the country without paying his bills.

To foot the bill = to pay the costs

(b) List of charges in a restaurant

• Can I have the bill please?

• The bill comes to £20 including service.

• Does the bill include service?

• The waiter has added 10% to the bill for service.

(c) Written paper promising to pay money

Bill Of Exchange = document which tells a bank to pay a person (usually used in payments in foreign currency)

Accommodation Bill = bill of exchange where the person signing is helping someone else to raise a loan

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