The Bill on London
Subtitle: or, the Finance of Trade by Bills of Exchange
Edition: First edition.
Series: Routledge Library Editions: History of Money, Banking and Finance -- Volume 3; Routledge Library Editions -- v. 3.
Publisher: Taylor and Francis
Published: 2017
Place of publication: London
Language: eng
Number of pages: 100
ISBN-13: 9781315115818
Subjects: Bills of exchange; BUSINESS & ECONOMICS; Finance
Description: "The Bill is one of the oldest instruments of credit in the world, and this book, first published in 1952 and revised in 1976, provides an in-depth analysis of this financial instrument which has stood the test of centuries. No other book gives more than a part of the information here set out."--Provided by publisher.
Table of contents: title: Cover; Half Title; Title Page; Copyright Page; Contents; Foreword; Dramatis personae; What is a bill?; PART ONE: THE STORY OF THE BILL; I History of the bill of exchange; II The functions of the bill; III 'Term' and 'sight' bills; IV Credits; V The quality of a bill; A The names on the bill; B The nature of the transaction underlying the bill; VI Your name on a bill; VII The discounting of a bill; VIII The cost of bill finance; PART TWO: THE BILL IN ACTION; I The bill of exchange and the exporter; Method 1 The irrevocable documentary letter of credit; Method 2 London acceptance credit.; title: Method 3 The negotiated billMethod 4 The foreign domicile bill; II The bill of exchange and the importer; Method A The irrevocable documentary letter of credit; Method B London acceptance credit; Method C The negotiated (trade) bill; Note on bank endorsed bills; III The bill of exchange and the manufacturer; IV Trade bills; V The bill of exchange and the international trader; VI Remitted bills; The bill on London and the foreign banker; A Financing exports; B Financing imports; VII A parcel of bills; VIII The bill of exchange and the investor; IX Conclusion; PART THREE: PROCEDURE.; title: I The bill of exchange and the exporter1 Irrevocable documentary letter of credit issued by a bank or accepting house in favour of the Exporting Company.; 2 Revolving acceptance credit covering exports from the U.K. to Atlantis opened in favour of the Exporting Company by William Caxton & Co-unsecured.; 3 Revolving acceptance credit covering exports from the U.K. to Atlantis opened in favour of the Exporting Company by William Caxton & Co-secured.; II The bill of exchange and the importer.; title: 4 Irrevocable documentary letter of credit in favour of an overseas exporter opened by a bank or accepting house. 5 Revolving acceptance credit covering shipments of wool to the U.K. opened in favour of the Importing Company by William Caxton & Co-unsecured.; 6 Revolving acceptance credit covering shipments of wool to the U.K. opened in favour of the Importing Company by William Caxton & Co-secured.; III The bill of exchange and the manufacturer.; title: 7 Revolving acceptance credit covering purchases of cocoa and other materials, opened in favour of the Manufacturing Company by William Caxton & Co-unsecured. IV The bill of exchange and the investor; PART FOUR: GLOSSARY AND INDEX; Glossary and index.