banker's acceptance

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.

Thesaurus

Noun

1.

banker's acceptance - banking: a time draft drawn on and accepted by a bank 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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