banker's acceptance

English

Noun

banker's acceptance (plural banker's acceptances)

1. (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

• trade acceptance

Translations

Translations

• Polish: akcept bankierski m, akcept bankowy m, weksel z akceptem m

See also

• banker's acceptance on Wikipedia.Wikipedia