trade acceptance en · NOUN
Meanings
- A negotiable instrument in the course of international trade similar to a Banker's Acceptance (BA) except it is drawn on and accepted by a buyer/importer (as opposed to a bank). May be sold to a bank or investor at a discount becoming a marketable money-market instrument.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| trade acceptances | Number=Plur | lexicographic |