Definition: Bills

Category: SNA

Bills are defined as securities that give the holders the unconditional rights to receive stated fixed sums on a specified date. 

This definition is used both in SNA 1993 (§ 7.97 and 11.74) and in SNA 2008 (§ 11.64). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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