Due bill

due bill investment & finance definition
A statement of a liability by one party to another party following a transaction. In the case of a security transaction, a due bill reflects money or securities owed by one broker to the other broker.

Definition
Due bill
A written acknowledgment of the existence of a debt owed to a particular party. A due bill is not payable on demand nor transferable to another party by endorsement.
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Due bill
Definition:
An instrument evidencing the Obligation of a seller to Deliver securities sold to the buyer. Occasionally used in the bill market. ...

Due bill: A written admission of a debt. Due bills are given when a stock split or stock dividend is pending and the shares are sold prior to the ex-date, but too late to transfer them to the buyer's name.

or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, ...

energy, the commodity must be placed in an approved warehouse, depository, or other storage facility, and be inspected by approved personnel, after which the facility issues a warehouse receipt, shipping certificate, demand certificate, or due bill, ...

due bill A printed statement serving as evidence of the transfer of a security from the... due date The date on which an obligation must be paid. Also known as law day.

See also: Seller, Buyer, Securities, Share, Sell