Banker's Acceptance Definition
noun
A draft or bill of exchange drawn on a bank and accepted by it.
Webster's New World
(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.
Wiktionary
Other Word Forms of Banker's Acceptance
Noun
Singular:
banker's acceptance
Plural:
banker-s-acceptances
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