Meaning Banker’s Acceptance
What does Banker’s Acceptance mean? Here you find 3 meanings of the word Banker’s Acceptance. You can also add a definition of Banker’s Acceptance yourself
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Banker’s AcceptanceA time draft drawn on and accepted by a commercial bank.
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Banker’s AcceptanceCredit investment with a short term maturity initiated by non-financial firm. A bank guarantees payment. Acceptances are sold or bought in the secondary market at discounted prices and are common in i [..]
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Banker’s AcceptanceA high-quality, short-term negotiable discount note, drawn on and accepted by banks that are obligated to pay the amount at maturity.
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