banker's acceptance

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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 ?
The UAE gross bank assets, including bankers' acceptances, reached Dh2.
However, core shadow banking activity - including entrusted loans, trust loans, and undiscounted bankers' acceptances - has continued to grow, increasing in share when compared with the broad shadow banking sector.
9 per cent recorded in Gross bank assets, including bankers' acceptances, which rose from 2662 billion dirhams at the end of April to 2686 billion at the end of May 2017.
dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary money-market trading in bankers' acceptances, commercial paper and Yankee and Euro certificates of deposit.
Bankers' acceptances, bank CDs, commercial paper and high-quality short-term debt instruments, including repurchase agreements
Advances under the revolving operating credit facility are subject to certain conditions of drawdown, and may be made by way of Canadian prime rate loans, bankers' acceptances or letters of credit.
Global trade groups at leading banks specializing in global finance assistance provide trade services such as LCs, collections, bankers' acceptances, and risk mitigation tools.
Other amounts, such as discounts on bankers' acceptances or promissory notes, are not interest since there is no underlying debt.
Bankers' acceptances are borrowings by banks on behalf of their customers for which the borrowing bank is liable (Luckett, 1984 and Ezeama, 1993).
We compare the rates (yields) on bankers' acceptances to the rates on certificates of deposits (CDs), financial commercial paper (CP), and eurodollar deposits (EDs).
15) A key motivation for Laughlin's support for a rediscount market for bankers' acceptances was to prevent the National Reserve Association from holding stock market securities as collateral when issuing loans to members.
s entry into World War I, the Federal Reserve's preferred media for open market operations were private bills of exchange, trade acceptances, and bankers' acceptances, (2) rather than public debt.