Bank acceptance



a draft or bill of exchange that a bank has accepted.
Abbreviation: BA.
Also called banker’s acceptance.
Compare acceptance (def 6).
noun
a bill of exchange or draft drawn on and endorsed by a bank Also called banker’s acceptance

Tagged:

Read Also:

  • Bank

    a long pile or heap; mass: a bank of earth; a bank of clouds. a slope or acclivity. Physical Geography. the slope immediately bordering a stream course along which the water normally runs. a broad elevation of the sea floor around which the water is relatively shallow but not a hazard to surface navigation. Coal […]

  • Bank account

    an account with a bank. balance standing to the credit of a depositor at a bank. Contemporary Examples Angry that he was being pushed out, Saverin froze Thefacebook’s bank account, as the movie correctly portrays. What’s True in the Facebook Movie David Kirkpatrick September 29, 2010 I am not often envious, no matter how low […]



  • Bank-and-turn indicator

    a flight instrument that combines a bank indicator and turn indicator in a single unit.

  • Bank annuities

    Sometimes, bank annuity. consols. Historical Examples Subsequently, the law was altered, by which the money might be invested in bank annuities or Exchequer bills. A History of Banks for Savings in Great Britain and Ireland William Lewins plural noun another term for consols



Disclaimer: Bank acceptance definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.