Bankers-acceptance
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
Read Also:
- Banker
a person employed by a bank, especially as an executive or other official. Games. the keeper or holder of the bank. a vessel employed in cod fishery on the banks off Newfoundland. a fisherman on such a vessel. Australian. a river near flood level, the water being almost bank high. a bench or table used […]
- Banker's bill
bank draft. a draft drawn by one bank on another. noun a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal cheque Also called banker’s cheque
- Banker's check
cashier’s check.
- Banker's order
noun another name for standing order (sense 1)
- Banker's hours
banker’s hours noun phrase Short working hours, e.g., 9 AM to 3 PM: kept banker’s hours