bank acceptance

British

noun

Also called: banker's acceptance. a bill of exchange or draft drawn on and endorsed by a bank

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

bank acceptance

This briefly is what is known as a bank acceptance, i. e., a draft drawn on and accepted by a prime bank or banker.

From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips

Random Word

Spin the wheel and learn a new word!

Get a word

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023