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Related to banker's acceptance: commercial paper, repurchase agreement, negotiable certificate of deposit
bank·ers' acceptanceor 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.
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|Noun||1.||banker's acceptance - banking: a time draft drawn on and accepted by a bank|
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