Bill: A Comprehensive Guide to Its Legal Meaning and Types
Definition & Meaning
A bill is a formal document that can refer to several different concepts in legal and financial contexts. It may represent:
- A written complaint or request for action in a legal setting.
- A claim presented in a court of equity, historically similar to a legal declaration.
- A legislative proposal that is debated before becoming law.
- An enacted statute or law.
- An invoice detailing itemized charges, such as a hospital bill.
- A financial instrument like a bill of exchange or a promissory note.
- Paper currency.