Definition: Waxbills, also known as wax bills or wax-bills, are a type of currency used in some countries. They were originally issued by the British East India Company (EEC) during the 18th and 19th centuries to facilitate trade between Britain and India. Waxbills were usually made from natural wax and were typically less valuable than banknotes or coins. In the context of international payments, they serve as a medium for exchanging money in different countries. The
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