What is BILL SINGLE?

A written promise to pay to a person or persons named a stated sum at a stated time, without any condition. When under seal, as is usually the case, it is sometimes called a “bill obligatory,” (q. v.) It differs from a “bill penal,” (q. v.,) in that it expresses no penalty. 8. In commercial law. A written statement of the terms of a contract, or specification of the items of a transaction or of a demand; also a general name for any item of Indebtedness, whether receivable or payable.

More On This Topic



Link to This Definition
Did you find this definition of BILL SINGLE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary