One of the mysteries of the English language finally explained.
A notation made by a grand jury on an indictment presented to it, when it finds insufficient evidence for prosecution; a case or indictment rejected on these grounds. Also interjection, as an endorsement.
Mid 18th century; earliest use found in Complete Juryman. From no + bill.
no bill/ˌnəʊ ˈbɪl/
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