Investopedia

Continue to Site »

Bill Presentment

Filed Under »
Dictionary Says

Definition of 'Bill Presentment'

The submission of a bill of exchange for payment. A bill, such as a bank check, is an instrument directs a third party to pay the recipient the fixed sum, while presentment refers to the act of submitting a legal document to another party.
Investopedia Says

Investopedia explains 'Bill Presentment'

Electronic bill presentment and payment (EBPP) is a process that allows bills to be created, processed and paid over the internet. Most large banks will offer these bill payment services and some form of EBPP as a part of their online banking system.

Articles Of Interest

  1.

    The Evolution Of Banking

    Banks are a part of ancient history. Find out how this system of money management developed into what we know today.

  2. Your First Checking Account

    This owner's manual will show you what to expect from your bank.

  3. Choose To Beat The Bank

    From internet banking to credit unions, it's in your power to cut fees and maximize service.

  4. Getting A Loan Without Your Parents

    Use the 5 "W"s to finance your dreams without banking on a second signature.

  5. How To Analyze A Company's Financial Position

    Find out how to calculate important ratios and compare them to market value.

  6. Why do accountants use debits and credits instead of simple pluses and minuses? Why is the notation for a debit "DR"?

    Debits and credits, and the technique of double-entry accounting, are credited (no pun intended) to a Franciscan monk by the name of Luca Pacioli. Known as the "Father of Accounting", he warned ...

  7. Given a good bookkeeping system, would financial accounting be necessary?

    Bookkeeping and financial accounting may seem like they are new creations, but variations have been around for millennia. The first record keeping systems, according to some, originated in about ...

  8. When should a company recognize revenues on its books?

    When a company makes revenues from its operations, it must be recorded in the general ledger and then reported on the income statement every reporting period. According to generally accepted ...

  9. Financial History: The Evolution Of Accounting

    Follow accounting from its roots in ancient times to the profession we now depend on.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center