bill broker

American  

noun

1. a money dealer who buys, sells, discounts, or negotiates bills of exchange or promissory notes.

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bill broker British  

noun

1. a person whose business is the purchase and sale of bills of exchange

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Etymology

Origin of bill broker

An Americanism dating back to 1825–35

Example Sentences

The bill broker will discount these bills at, say, 4 per cent.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

The bill broker not only employs his own capital in buying bills, but also money which he borrows from the banks and others at call or at short notice.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

Accordingly the bill broker takes refuge at the Bank of England the only place where at such a moment new money is to be had.

From Lombard Street : a description of the money market by Bagehot, Walter