to exchange documents
1documents-against-acceptance bill — COMMERCE ➔ bill of exchange * * * documents against acceptance bill UK US noun [C] COMMERCE ► BILL OF EXCHANGE(Cf. ↑bill of exchange) …
2documents-against-payment bill — ➔ bill of exchange * * * documents against payment bill UK US noun [C] COMMERCE ► BILL OF EXCHANGE(Cf. ↑bill of exchange) …
3documents 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… …
4Exchange — The marketplace in which shares, options and futures on stocks, bonds, commodities and indices are traded. Principal US stock exchanges are: New York Stock Exchange ( NYSE), American Stock Exchange ( AMEX) and the National Association of… …
5exchange — An association of persons who participate in the business of buying or selling futures contracts or futures options. A forum or place where traders gather to buy or sell economic goods. With the advent of the computerized exchange, it is… …
6exchange — [c]/əksˈtʃeɪndʒ / (say uhks chaynj), /ɛk / (say ek ) verb (exchanged, exchanging) –verb (t) 1. to part with for some equivalent; give up (something) for something else. 2. to replace by another or something else; change for another: to exchange a …
7documents 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 …
8Exchange Equalisation Account — The Exchange Equalisation Account (EEA) is the fund of Her Majesty s Treasury in the UK holding the country s reserves of foreign currencies, gold, and Special Drawing Rights. It can be used to manage the value of the pound sterling on… …
9exchange of contracts — A procedure adopted in the sale and purchase of land in which both parties sign their copies of the contract, having satisfied themselves as to the state of the property, etc. , and agreed that they wish to be bound. There need be no physical… …
10documents 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… …
