due bill

Definition

A printed statement serving as evidence of the transfer of a security from the seller to the buyer. The statement details the breakdown of the amount owed by the buyer to the seller, such as security cost, dividends, interest, and any other charges.

Use due bill in a sentence

You should always try and hold on to your due bill so that you do not forget about what you owe.

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They received their due bill and forgot how much they agreed to pay. It broke everything out, but they were still a bit in shock.

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The investor had expressed confusion to his broker about the actual cost of his recent share purhase and requested that he be sent a copy of its due bill.

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dud cheque due bill period