Topic: Banker's Acceptance Definition
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What's the definition of banker's acceptance?
banker's acceptance: banking: a time draft drawn on and accepted by a bank Read More »
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What is the definition for banker?
1. One serving as an officer or owner of a bank. 2. Games The player in charge of the bank in some gambling games. Read More »
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What is Banker's Acceptance?
Time draft drawn on and accepted by a bank, the customary means of effecting payment for merchandise sold in import-export transactions, and a source of financing used extensively in international trade. See also Letter of Credit. Read More »
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Banker's Acceptance Definition
(n.) Draft or bill of exchange that a bank has accepted
Dictionary.com . See all 1 definitions »
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These securities are guaranteed by the bank. For example, when you put down a deposit using a cheque, because the management does not know if you have the money in your account or not, they often ask you to get the bank to stamp the cheque ...
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Investment banker: a financial institution that deals chiefly in ...
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a quantity used by general agreement of the scientific community is accepted value.
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Activities related to the production and distribution of goods and services in a particular geographic region.
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banker's acceptance: banking: a time draft drawn on and accepted by a bank
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banker's acceptance; acceptance
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