SET OF EXCHANGE

set of exchange

glossary /

set of exchange. Commercial law. A single bill of lading drawn in a set of parts, each of which is valid only if the goods have not been delivered against any other part. • Bills may be drawn in duplicate or triplicate, the first part being “first of exchange,” the second part being “second of […]

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set of exchange

glossary / , ,

set of exchange 成套汇票；联单汇票 在商法中，外国汇票常以两联或三联的形式开具，其依次可称为第一联汇票〔first of exchange〕、第二联汇票〔second of exchange〕等，或称为正本汇票〔original bill〕、副本汇票〔duplicate bill〕。一套汇票的各联均可以单独兑付，且任一联兑付后，其他各联自动失效。 (→bills in a set)

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