acceptance against documents
1acceptance against documents — /əkˌseptəns əgenst dɒkjυmənts/ noun a transaction where the seller takes charge of the shipping documents for a consignment of goods when a buyer accepts a bill of exchange ● Acceptance against documents protects the seller when sending goods… …
2cash against documents — ˌcash against ˈdocuments noun [uncountable] BANKING an arrangement in which an importer can only collect goods sent by an exporter after paying the related bill of exchange compare documents against acceptance * * * cash against documents UK US… …
3cash against documents — CAD 1) The simultaneous exchange of assets and payment. 2) Payment terms for exported goods in which the shipping documents are sent to a bank, agent, etc. , in the country to which the goods are being shipped, and the buyer then obtains the… …
4documents-against-acceptance bill — COMMERCE ➔ bill of exchange * * * documents against acceptance bill UK US noun [C] COMMERCE ► BILL OF EXCHANGE(Cf. ↑bill of exchange) …
5acceptance — A time draft that has been accepted for payment. See banker s acceptance. American Banker Glossary Contractual agreement instigated when the drawee of a time draft accepts the draft by writing the word accepted thereon. The drawee assumes… …
6documents against acceptance — D A A method of payment for goods that have been exported in which the exporter sends the shipping documents with a bill of exchange to a bank or agent at the port of destination. The bank or agent releases the goods when the bill has been… …
7documents against cash — ˌdocuments against ˈcash also ˌdocuments against ˈpayment, ˌdocuments against presenˈtation noun [plural] COMMERCE TRANSPORT an arrangement in which an importer will be given the documents giving them ownership of goods only after paying the… …
8documents against acceptance — [ dɔkjʊmənts ə geɪnst ək septəns, englisch], Abkürzungen d/a oder D/A, eine Handelsklausel …
9documents against acceptance — Shipping documents held by the buyer s bank until the buyer has accepted (signed) the draft. Bloomberg Financial Dictionary * * * documents against acceptance ˌdocuments against acˈceptance noun [plural] COMMERCE TRANSPORT an arrangement in which …
10documents against acceptance — /ˌdɒkjυmənts əgenst ək septəns/ noun 1. an arrangement whereby buyers receive documents for the goods on their acceptance of a bill of exchange 2. a note to a bank to instruct it that documents attached to a draft should be given to the drawee… …
