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.

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.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Electronic Bill Presentment and Payment —   [Abk. eBPP, dt. »elektronische Inrechnungstellung und Bezahlung«], im Bereich des E Commerce Sammelbezeichnung für Software Lösungen des elektronischen Rechnungswesens …   Universal-Lexikon

  • presentment — pre·sent·ment /pri zent mənt/ n 1: the act of presenting to an authority a formal statement of a matter to be dealt with; specif: the notice or accusation of an offense by a grand jury on the initiative of the jury members or on the basis of… …   Law dictionary

  • Presentment of a bill of exchange — Presentment Pre*sent ment, n. 1. The act of presenting, or the state of being presented; presentation. Upon the heels of my presentment. Shak. [1913 Webster] 2. Setting forth to view; delineation; appearance; representation; exhibition. [1913… …   The Collaborative International Dictionary of English

  • Presentment — Pre*sent ment, n. 1. The act of presenting, or the state of being presented; presentation. Upon the heels of my presentment. Shak. [1913 Webster] 2. Setting forth to view; delineation; appearance; representation; exhibition. [1913 Webster] Power… …   The Collaborative International Dictionary of English

  • presentment — [prē zent′mənt, prizent′mənt] n. [ME < OFr presentement < presenter: see PRESENT, vt.] the act of presenting; presentation; specif., a) an exhibition; thing presented to view b) Commerce the producing of a note, bill of exchange, etc. for… …   English World dictionary

  • Presentment Clause — The Presentment Clause (Article I, Section 7, Clauses 2 and 3) of the United States Constitution outlines federal legislative procedure (that is, how bills originating in Congress become federal law) in the United States TextThe clause… …   Wikipedia

  • presentment — The written notice taken by a grand jury of any offense, from their own knowledge or observation, without any bill of indictment laid before them at the suit of the government. A presentment is an accusation, initiated by the grand jury itself,… …   Black's law dictionary

  • bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a …   Black's law dictionary

  • bill — As a legal term, this word has many meanings and applications, the most important of which are set forth below: Bill of Rights. A formal and emphatic legislative assertion and declaration of popular rights and liberties usually promulgated upon a …   Black's law dictionary

  • presentment of bill of exchange — See presentment for acceptance; presentment for payment …   Ballentine's law dictionary

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