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banker's acceptance

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
bank·er's acceptance (bngkrz)
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.banker's acceptance - banking: a time draft drawn on and accepted by a bankbanker'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


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Time bill represents a banker's acceptance or bill of exchange that is not payable until some specific future time.
We could invest the money in a number of different types of marketable securities, such as commercial paper, negotiable certificates of deposits, banker's acceptances and United States Treasury bills among others.
government obligations, CDs, Banker's Acceptances, Commercial Paper, money market funds, and repurchase agreements collateralized by obligations of the U.
 
 
 
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