tenor
Definitions (3)
1. Exact purpose and intent of a bill of exchange as judged from the words and figures used in its construction.
2. Length of time, stated in the bill, that must elapse before a bill of exchange become due for payment.
3. Designation of the payment terms of a bill of exchange, such as 'Due when presented' (a sight draft) or 'Due on date ...' (a time draft). Not to be confused with tenure.
News containing the term tenor
Loading...
http://www.businessdictionary.com/definition/tenor.html
