BILL n.
to pay to some person designated a certain sum of money therein generally is, and, to be negotiable, must be, made payable to order or to bearer. So also the order generally expresses a specified time of payment, and that it is drawn for value. The person who draws the bil is called the drawer, the person on whom it is…
BROKER n. 2 definitions
An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. Story.…
COMMERCIAL a.
a small size of writing paper, usually about 5 by 7½ or 8 inches. -- Commercial paper, negotiable paper given in due course of business. It includes bills of exchange, promissory notes, bank cheks, etc. -- Commercial traveler, an agent of a wholesale house who travels from town to town to solicit orders.…