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.
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 ?
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.
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.
The only complicating factors were who would be the negotiating bank for the letter of credit and whether the dated drafts would be converted to banker's acceptances so we could facilitate immediate payment.