veksel

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noun

A promissory note or bill of exchange, particularly in Russia and Ukraine: a security which entitles its owner to claim certain property of its issuer (the debtor).

OriginRussian вексель ← German Wechsel →
Scrabble 13
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Meanings

nounveksel (plural veksels)

plural veksels

  1. A promissory note or bill of exchange, particularly in Russia and Ukraine: a security which entitles its owner to claim certain property of its issuer (the debtor).

    […] veksels - were a dominant form of subnational debt. The popularity of veksels was related to soft regulatory requirements concerning their issue and circulation as well as to additional benefits from seignorage[…]

    1999 January 1, Lev M. Freinkman, Daniel Treisman, Stepan Titov, Subnational Budgeting in Russia: Preempting a Potential Crisis, World Bank Publications, →ISBN, page 42

Origin

  1. GermanWechsel
  2. Russianвексель
  3. Englishveksel

From Russian вексель (vekselʹ), from German Wechsel.

More words from Russian, German

Full word history & related roots →
Cite this entry
APA

veksel. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/veksel

MLA

“veksel.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/veksel. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “veksel,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/veksel.

Source: veksel on Wiktionary, CC BY-SA 4.0.