A device, folder, or clip designed to hold or organize bills, invoices, or statements.
Compound from 'bill' (an invoice or statement) and 'holder' (something that holds). The term became common in office equipment vocabulary during the 20th century as document management became standardized.
Before digital filing systems, offices were filled with physical billholders—wooden wall-mounted organizers, desk caddies, and filing systems that represented the pre-computer way of managing paperwork!
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