acceptance bill of exchange

  • 81banker's acceptance — noun banking: a time draft drawn on and accepted by a bank • Syn: ↑acceptance • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun Etymology: banker ( …

    Useful english dictionary

  • 82trade acceptance — n: a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer s acceptance, and often noting the place of payment (as a bank) Merriam Webster’s Dictionary of Law. Merriam Webster.… …

    Law dictionary

  • 83blank acceptance — An acceptance of a bill of exchange written on the paper before the bill is made, and delivered by the acceptor …

    Black's law dictionary

  • 84blank acceptance — An acceptance of a bill of exchange written on the paper before the bill is made, and delivered by the acceptor …

    Black's law dictionary

  • 85general acceptance — An acceptance of a bill of exchange by the drawee whereby he engages to pay according to the tenor of the bill, without qualification. Uniform Negotiable Instruments L § 139. Cox v National Bank, 100 US 704, 25 L Ed 739 …

    Ballentine's law dictionary

  • 86bank acceptance — a draft or bill of exchange that a bank has accepted. Abbr.: BA Also called banker s acceptance. Cf. acceptance (def. 6). * * * …

    Universalium

  • 87blank acceptance — an acceptance written on blank stamped paper and acting as prima facie authority by the acceptor to complete a bill of exchange for any amount the stamp will cover. Collins dictionary of law. W. J. Stewart. 2001 …

    Law dictionary

  • 88documents 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 …

    Financial and business terms

  • 89absolute acceptance — The unqualified assent to liability by the drawee on a bill of exchange. Words written on a bill of exchange which demonstrate the intention to accept it are sufficient for that purpose. 11 Am J2d B & N § 507 …

    Ballentine's law dictionary

  • 90special acceptance — An acceptance of a bill of exchange which specifies the place of payment. See qualified acceptance …

    Ballentine's law dictionary