banker's acceptance

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Related to Banker's Acceptances: commercial paper, Treasury bills

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Examples include savings accounts fixed deposits, treasury bills, commercial papers and banker's acceptances.
Central bank data shows that trust loans, entrusted loans and undiscounted banker's acceptances, which are common forms of shadow banking activity in China, jumped more than 2 trillion yuan in the first quarter, more than four times the year-earlier increase.
Tim Condon, head of Asia research at ING (ING.AS) said, 'A surge in shadow bank credit - entrusted loans, trust loans, banker's acceptances, corporate bonds and non-financial enterprises' domestic equity - was responsible for December's considerably larger than expected increase in aggregate financing.'