banker's acceptance

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bank·ers' acceptance

or bank·er's acceptance (băng′kərz)
n. Abbr. BA
A draft or bill of exchange drawn upon and accepted by a bank and due on a specified date, often traded in money markets. Also called bank acceptance.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.banker's acceptance - banking: a time draft drawn on and accepted by a bank
bill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another
References in periodicals archive ?
From municipal bonds to banker acceptances, DATAlynx now can custody bonds and facilitate bond transactions for financial advisors and their clients.
The Company reports that it has cash and short-term investments of approximately $42 million of which $5 million is invested in Canadian asset-backed commercial paper ("ABCP) with the remaining investments of $25 million in banker acceptances.
As mentioned above, the balance of the Company's investments are in HSBC banker acceptances rated R1-High by DBRS.