Time

(New York»Stock Exchange). A designation for 2.15 p. m., when the time has expired for the delivery of securities in settlement of contracts entered into on the New York Stock Exchange which matured on the current day. For additional information see Hammond’s time. 0 Time bargain. London Stock Exchange term for a bargain (contract) due for the new account, as opposed to a bargain for cash or for current account. ‘ Time bill. A bill of exchange (draft) or promi ory note payable at a specified future date.