| Dictionary: trade acceptance |
| 5min Related Video: trade acceptance |
| Business Dictionary: Trade Acceptance |
A time draft that is guaranteed by a nonbank firm and sold in the secondary money market. It is similar to a Banker's Acceptance but more risky.
| WordNet: trade acceptance |
The noun has one meaning:
Meaning #1:
a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
| Commodity Paper (in banking) | |
| Bills Payable (in banking) | |
| Acceptance (in banking) |
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Copyrights:
![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. Read more |
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