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Due-bill |
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DUE-BILL. An acknowledgment of a debt, in writing, is so called. This instrument differs from a promissory note in many particulars; it is not payable to order, nor is it assignable by mere endorsement. See I 0 U; Promissory notes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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For example, a buyer that purchases a stock ex-dividend, but before the dividend is paid, would provide a due-bill stating that the dividend payment should belong to the seller. For example, a buyer that purchases a stock ex-dividend, but before the dividend is paid, would provide a due-bill stating that the dividend payment should belong to the seller. For example, a buyer that purchases a stock ex-dividend, but before the dividend is paid, would provide a due-bill stating that the dividend payment should belong to the seller. |
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