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.
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 ?
The UAE Central Bank has announced that gross bank assets, including bankers' acceptances, rose by 0.6 percent, climbing from Dh2,958.6 billion ($805 billion) at the end of June 2019 to Dh2,975.8 billion ($810 billion) at the end of July 2019.
The apex bank reported that it5s assets increased to AED2,975.8bn, which includes bankers' acceptances. This is an increase of 0.6 percent.
ABU DHABI, 27th August, 2019 (WAM) -- The UAE Central Bank has announced that gross bank assets, including bankers' acceptances, rose by 0.6 percent, climbing from AED2958.6 billion at the end of June 2019 to AED2975.8 billion at the end of July 2019.
Prime Rate Loans from prime plus 0.45% - 1.00% to 0.25% - 1.00%; LIBOR Loans, Bankers' Acceptances and Letters of Credit from the applicate rate plus 1.45% - 2.00% to 1.25% - 2.00% and Standby Fees from a range of 0.29% - 0.40% to 0.25% - 0.40%.
Gross bank assets, including bankers' acceptances, increased by 0.8 per cent, rising from Dh2854.3 billion at the end of November 2018 to Dh2878 billion at the end of December 2018.
It has been found that conventional liquidity management instruments-like Treasury bills, Repos, Bankers' Acceptances, Commercial Papers, Negotiable Certificate of Deposits, etc.-all are debt-based securities, therefore, are not Shari'ah compliant due to the involvement of Islamically prohibited Bay' al-Dayn.
Other permissible securities include money market obligations such as commercial paper, certificates of deposit (CDs), bankers' acceptances, repurchase agreements and medium-term notes.
Gross bank assets, including bankers' acceptances, and Gross credit increased by 1.4 per cent and 0.3 per cent respectively.
Gross bank assets, including bankers' acceptances, increased by 0.9 per cent, rising from AED2711.7 billion at the end of April 2018 to AED2735.6 billion at the end of May 2018.
Within TSF, there was a sharp jump in bond issuance and drops in entrusted loans, trust loans and bankers' acceptances in March.
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