bill of exchange

Morris "relied on public-spirited financiers like Salomon to subscribe to the bank, find purchasers for government bills of exchange, and lend their own money to the government," according to the National Park Service.

In the Middle Ages, metal coins were supplemented by bills of exchange to make long-term trade easier.

A merchant from Lyon who wanted to buy - say - Florentine wool could go to this banker and borrow something called a bill of exchange.

Ye Xiaofeng, founder of blockchain start-up ZerOne.IO, said he was talking to two of China's four biggest banks looking to use blockchain for monitoring bills of exchange and credit tracking.

Morgan Chase might make of Frederick Warren, who strolls into the Bank of England in 1873 and passes off a forged bill of exchange — one of many, as it turns out.