Governments may owe public debt in the form of bonds, notes, bills, and the like, which require specified payments to the holders at designated times.
The subprime loans that sparked the current crisis were modern versions of the promissory notes, bills of exchange and bankers' acceptances that were used in the past; all are "promises to repay".
On it is a laptop hemmed in by a bilge of notes, bills, cuttings, diaries, scripts, bits of office hardware and Post-its reminding me of essential matters now long since lapsed unattended.
He says people don't necessarily expect to be consuming something so unhealthy at Starbucks, which, he notes, bills itself as "socially responsible".
The Global Trade Finance Program provides guarantees to cover payment risks for emerging market banks regarding promissory notes, bills of exchange, letters of credit, bid and performance bonds, supplier credit for capital goods imports, and advance payments.
Saslaw noted bills Cuccinelli introduced as a state senator to allow for the firing of private-sector workers who did not speak English and to prevent undocumented immigrants injured on the job from receiving workers compensation.
Until 2007 regulation was rather lax, allowing start-ups to dominate the industry, notes Bill Bishop, a longtime China-watcher.
In Washington, DC, border debates always focus on illegal migration, notes Bill Owens, a congressman whose New York district abuts dangerous Canada.
"People's phones are closer to their hands than their wallets most of the time," notes Bill Gajda of Visa.Tills phones us do partYet moneymen are still hedging their bets.
"Smartbooks represent a step up in functionality from smart phones," notes Bill Davidson, Qualcomm's senior vice president of global marketing.
