 | Benjamin Naylor - 1850 - 334 pages
...pound sterling is estimated at $4.84, according to act of Congress, passed January 18, 1837. EXCHANGE. Exchange is the act of paying or receiving the money...of another country, by means of bills of exchange. It comprehends both the reduction of money and the negotiation of bills. A bill of exchange is a written... | |
 | Wellington Harrison Richmond - Commercial law - 1854 - 646 pages
...servant, £1000 Cy, WH RICHMOND. Toronto, Dec. 30th, 1853. 46 SUSPECTING RESPECTING BILLS OF EXCHANGE. Exchange is the act of paying or receiving the money...negotiation of Bills ; it determines the comparative value x»f the currencies of different countries, and shows how foreign debts are discharged, and remittances... | |
 | Horace Mann - 1855 - 272 pages
...other Mercantile Negotiations both by Sea and Land. EXCHANGES, the paying or receiving of money in one country for its equivalent in the money of another country, by means of Bills of Exchange. EXCHEQUER, the Court to which all Revenues belonging to the Crown are brought. EXCISE, an inland tax... | |
 | Charles Guilford Burnham - Arithmetic - 1857 - 328 pages
...months, if 5 persons more were added to the family ? Ans. $800. EXCHANGE. EXCHANGE. Art» 187* — EXCHANGE is the act of paying or receiving the money...of another country, by means of Bills of Exchange. It comprehends both the reduction of moneys and the negotiation of bills. It determines the comparative... | |
 | Charles Guilford Burnham - 1857 - 342 pages
...$800. 28. What is the value of 1 grain of gold, if 17| Ibs. be worth £10224? EXCHANGE. Arti 187i — EXCHANGE is the act of paying or receiving the money...of another country, by means of Bills of Exchange. It comprehends both the reduction of moneys and the negotiation of bills. It determines the comparative... | |
 | J Owen Wilden - 1858 - 144 pages
...Commercial Exchanges are, in effect, for the purposes of trade, the paying or receiving of money in one country for its equivalent in the money of another country, by means of Bills of Exchange ; the rate of Exchange being the price or proportionate value for the time being at which the business... | |
 | Duncan Macdougal - 1862 - 104 pages
...other mercantile negotiations, both by sea and land. EXCHANGES — the paying or receiving of money in one country, for its equivalent in the money of another country, by means of Bills of Exchange. Suppose the exchange of London and Lisbon be 68d. per milre, and that of Lisbon or Madrid 500 reis... | |
 | Montagu H. Foster - 1881 - 182 pages
...second 4, the third 2, and the two junior partners 1 share each ; what does each receive ? EXCHANGE. EXCHANGE is the act of paying or receiving the money of one place for its equivalent in the money of another. A bill of exchange is a written order for the payment... | |
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EXCHANGE is the act of paying or receiving the money of one country for its equivalent in the money of another country, by means of Bills of Exchange. This operation, therefore, comprehends both the reduction of moneys and the negotiation of bills; it... 
