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TeachMeFinance.com - explain
Grain bill
historic definition...
Grain bill -- A draft (bill of exchange) drawn against the
buyer or consignee of a shipment of grain. The bill of lading
is attached to (accompanies) the draft and is surrendered on
payment or acceptance, as the case may be, of the draft.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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