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trade acceptance
(redirected from Trade Acceptances)

   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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It did so by using repurchase agrements to buy for its own account the majority of trade acceptances issued in New York.
The reduction of trade acceptances payable is also showing the effects of reduced inventory, yet we continue to supply the demand from customers on a current basis.
Since 1993, Actrade Capital has been engaged in the discount purchase of domestic commercial trade acceptances through its Trade Acceptance Draft (TAD) Program.
 
 
 
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