banker's acceptance
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English[edit]
Noun[edit]
banker's acceptance (plural banker's acceptances)
- (business, banking, finance) A negotiable instrument or time draft drawn on and accepted by a bank, that upon acceptance becomes an obligation of the bank and is a marketable money-market instrument.
Related terms[edit]
Translations[edit]
Translations
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See also[edit]
- banker's acceptance on Wikipedia.Wikipedia