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the creditor could draw a bill on the debtor and either use the bill as a means...
Author:
Niall Ferguson
Book:
The Ascent of Money: A
Viewed:
68 -
Published at:
4 years ago
the creditor could draw a bill on the debtor and either use the bill as a means of payment in its own right or obtain cash for it at a discount from a banker willing to act as broker.
( Niall Ferguson )
[ The Ascent of Money: A ]
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