banker’s credit
41Banker's Acceptance - BA — A short term credit investment created by a non financial firm and guaranteed by a bank. Acceptances are traded at a discount from face value on the secondary market. Banker s acceptances are very similar to T bills and are often used in money… …
42banker'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… …
43banker'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… …
44credit default swaps — See credit swap. American Banker Glossary …
45credit scoring system — A statistical system used to determine whether or not to grant credit by assigning numerical scores to various characteristics related to creditworthiness. American Banker Glossary …
46credit spread options — See credit options. American Banker Glossary …
47credit spread put options — See credit options. American Banker Glossary …
48banker's reference — status enquiry A report on the creditworthiness of an individual supplied by a bank to a third party, such as another financial institution or a bank customer. References and status enquiries are often supplied by specialist credit reference… …
49banker's reference — status enquiry A report on the creditworthiness of an individual supplied by a bank to a third party, such as another financial institution or a bank customer. References and status enquiries are often supplied by specialist credit reference… …
50banker's acceptance — noun Date: circa 1924 a short term credit instrument issued by an importer s bank that guarantees payment of an exporter s invoice …
