banker's acceptance love

banker's acceptance


from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun 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.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun banking: a time draft drawn on and accepted by a bank


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