banker's acceptance
banker's acceptance · banker's acceptances
A negotiable instrument or time draft drawn on and accepted by a bank, that upon…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.
Meaning
1 sensesA 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.
a time draft drawn on and accepted by a bank
Translations
1 languagesForms
plural: banker's acceptances| Singular | banker's acceptance |
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| Plural | banker's acceptances |
regular
Synonyms
1 synonymsClose in meaning
- a time draft drawn on and accepted by a bank:acceptance
Word family
1 related wordsRelatedtrade acceptance