acceptance bill of exchange

  • 51acceptance — ac•cept•ance [[t]ækˈsɛp təns[/t]] n. 1) the act of taking or receiving something offered 2) favorable reception; approval; favor 3) the act of assenting or believing: acceptance of a theory[/ex] 4) the fact or state of being accepted or… …

    From formal English to slang

  • 52acceptance credit — A means of financing the sale of goods, particularly in international trade. It involves a commercial bank or merchant bank extending credit to a foreign importer whom it deems creditworthy. An acceptance credit is opened against which the… …

    Accounting dictionary

  • 53acceptance credit — A means of financing the sale of goods, particularly in international trade. It involves a commercial bank or merchant bank extending credit to a foreign importer, whom it deems creditworthy. An acceptance credit is opened against which the… …

    Big dictionary of business and management

  • 54acceptance — /əkˈsɛptəns/ (say uhk septuhns) noun 1. the act of taking or receiving something offered: his acceptance of the gift. 2. favourable reception; favour: to win immediate acceptance. 3. the act of assenting or believing: acceptance of a theory. 4.… …

  • 55acceptance — 1) The signature on a bill of exchange indicating that the person on whom it is drawn accepts the conditions of the bill. 2) A bill of exchange that has been so accepted. Acceptances are divided into two categories: banker s acceptances and trade …

    Big dictionary of business and management

  • 56acceptance for honor — The acceptance of a bill of exchange by a person other than the drawee, voluntarily and without consideration. It is allowed for the convenience of commerce, that such a person may, after presentation, refusal, and protest, accept for the honor… …

    Ballentine's law dictionary

  • 57acceptance — n. 1 willingness to receive (a gift, payment, duty, etc.). 2 an affirmative answer to an invitation or proposal. 3 (often foll. by of) a willingness to accept (conditions, a circumstance, etc.). 4 a approval, belief (found wide acceptance). b… …

    Useful english dictionary

  • 58acceptance — noun Date: 1574 1. an agreeing either expressly or by conduct to the act or offer of another so that a contract is concluded and the parties become legally bound 2. the quality or state of being accepted or acceptable 3. the act of accepting ; …

    New Collegiate Dictionary

  • 59acceptance 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… …

    Marketing dictionary in english

  • 60acceptance of draft — Same as acceptance of bill of exchange …

    Ballentine's law dictionary