bank acceptance

bank acceptance
bank acceptance
n.
BANKER'S ACCEPTANCE

English World dictionary. . 2014.

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  • bank acceptance — noun Etymology: bank (IV) : a draft drawn on and accepted by a bank or banker * * * a draft or bill of exchange that a bank has accepted. Abbr.: BA Also called banker s acceptance. Cf. acceptance (def. 6). * * * bank acceptance, a draft or bill… …   Useful english dictionary

  • bank acceptance — a draft or bill of exchange that a bank has accepted. Abbr.: BA Also called banker s acceptance. Cf. acceptance (def. 6). * * * …   Universalium

  • bank acceptance — /ˈbæŋk əksɛptəns/ (say bangk uhkseptuhns) noun a draft endorsed or otherwise formally acknowledged by a bank on which it is drawn …  

  • acceptance bank — ➔ bank1 * * * acceptance bank UK }} US }} noun [C] ► BANKING ACCEPTING HOUSE(Cf. ↑accepting house) …   Financial and business terms

  • acceptance — Synonyms and related words: CD, IOU, John Hancock, MO, OK, acceptance bill, acceptation, acception, accession, accord, acknowledgment, acquiescence, acquisition, adherence, admiration, admission, admittance, adoption, affiliation, affirmance,… …   Moby Thesaurus

  • bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… …   Black's law dictionary

  • bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… …   Black's law dictionary

  • Bank — [bæŋk] noun BANKING ORGANIZATIONS The Bank the Bank of England, Britain s central bank: • The Bank is worried that strong demand for labour could lead to higher wages and prices. * * * Ⅰ …   Financial and business terms

  • acceptance — I noun accedence, acceptio, accession, accordance, acknowledgment, acquiescence, adoption, agreement, allowance, approbation, approval, assent, assurance, compliance, comprobatio, concordance, consent, endorsement, ratification, receipt,… …   Law dictionary

  • acceptance credits — One of the ways in which a letter of credit (letters of credit) may provide for payment by the nominated bank (or the issuing bank) to the seller: the seller presents a time bill (bill of exchange) with the documents which the bank will accept.… …   Law dictionary

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