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trade acceptance
(redirected from Accepted Draft)

   Also found in: Financial 0.01 sec.
trade acceptance
n.
A bill of exchange for the amount of a purchase drawn by the seller on the purchaser, bearing the purchaser's signature and specifying time and place of payment.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.trade acceptance - a bill of exchange for a specific purchasetrade acceptance - a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
bill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another


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Noor will provide Islamic financial solutions, including packing and post shipment finance, secured against confirmed orders or bank accepted drafts for the first leg of shipment financing," added Al Qemzi.
The board also accepted draft audits of its financial records and its Proposition A/AA bond program.
Following a first reading by the European Parliament on 14 December 2000, EU environment ministers reached political agreement on a common position--that is, an accepted draft of the directive.
 
 
 
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