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banker acceptance

См. также в других словарях:

  • acceptance —   n. Commerce, agreement to pay bill of exchange when due.    ♦ acceptance house, merchant banker.    ♦ acceptance for honour, taking up of bill of exchange by person other than drawer to protect honour of party to bill …   Dictionary of difficult words

  • acceptance house — noun or accepting house : a banking institution in England specializing in financing foreign trade by allowing the use of its name as drawee on bills of exchange and by frequently acting also as fiscal agent and financial adviser (as for foreign… …   Useful english dictionary

  • banker's acceptance — ( BA) A short term financial instrument that is the unconditional obligation of the accepting bank. Banker s acceptances, or BAs, arise from transactions involving the import, export, transit, or storage of goods, including domestic as well as… …   Financial and business terms

  • banker's acceptance — n: a short term credit instrument issued by an importer s bank that guarantees payment of an exporter s invoice Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • banker's acceptance — n. a draft or bill of exchange drawn on a bank and accepted by it * * * …   Universalium

  • banker's acceptance — n. a draft or bill of exchange drawn on a bank and accepted by it …   English World dictionary

  • acceptance — [ak sep′təns, əksep′təns] n. 1. an accepting or being accepted 2. approving reception; approval; acceptability 3. belief in; assent 4. a draft or bill of exchange that has been accepted for payment: cf. BANKER S ACCEPTANCE, TRADE ACCEPTANCE 5.… …   English World dictionary

  • acceptance — A time draft that has been accepted for payment. See banker s acceptance. American Banker Glossary Contractual agreement instigated when the drawee of a time draft accepts the draft by writing the word accepted thereon. The drawee assumes… …   Financial and business terms

  • banker's acceptance — noun banking: a time draft drawn on and accepted by a bank • Syn: ↑acceptance • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun Etymology: banker ( …   Useful english dictionary

  • Acceptance — A contractual agreement on a time draft or sight draft to pay the amount due at a specified date. The party who is expected to pay the draft writes accepted , or similar wording indicating acceptance, next to his or her signature along with the… …   Investment dictionary

  • Banker's acceptance — A short term credit investment created by a non financial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts from face value in the secondary market. These instruments have been a popular investment for money market… …   Financial and business terms

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