acceptance bill of exchange
101documents 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… …
102finance bill — A bill of exchange used for short term credit. It cannot be sold on to another party in the same way as a banker s acceptance …
103time bill — / taɪm bɪl/ noun a bill of exchange which is payable at a specific time after acceptance …
104trade acceptance — a bill of exchange drawn by the seller of goods on the buyer, and accepted by the buyer for payment at a future date. [1915 20] * * * …
105non-acceptance — The failure by the person on whom a bill of exchange is drawn to accept it on presentation …
106trade acceptance — trade′ accept ance n. bus a bill of exchange drawn by the seller of goods on the buyer, and accepted by the buyer for payment at a future date • Etymology: 1915–20 …
107non-acceptance — /ˌnɒn ək septəns/ noun a situation in which the person who is to pay a bill of exchange does not accept it …
108banker’s acceptance — /ˌbæŋkəz ək septəns/ noun a bill of exchange guaranteed by a bank …
109non-acceptance — /ˌnɒn ək septəns/ noun a situation in which the person who is to pay a bill of exchange does not accept it …
110banker's acceptance — A draft accepted by a bank usually for the purpose of financing a sale of goods to or by the bank s customer. A bill of exchange draft payable at maturity that is drawn by a creditor against his or her debtor. Banker s acceptances are short term… …
