Banker's acceptance

Noun

Definitions

1.NounA 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.

Synonyms

draft check money market instruments bank atm bank note banknote goldsmith merchant bank asset assets banking

🔗 Find words with "banker's acceptance" in A2Z Word Finder

The Daily Word NerdA new word, a puzzle, and a fun fact — free in your inbox every morning.

Free forever · unsubscribe anytime · all 14 newsletters

That email did not go through — please check it and try again.