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Bill (8)
BILL (8)

Definition: A written engagement to pay a sum of money at a fixed date.
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* All six elements should and would be in.


1. Purposeful and necessary for who promises.

SHARE.

2. Participated in, voluntarily, after discussions.

FORMAL.

3. Authorized, i.e. an issuer has, or is in, full control.

LAWFUL AND SECURED.

4. Economic indicators are positive at the moment in time.

OKAYED.

5. Correctness of details - date, amount, etc. - in.

BOUND.

6. Definitely serves purpose(s) on its redemption.
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