trade acceptance


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trade acceptance

n.
A bill of exchange drawn directly upon and accepted by an importer or purchaser, rather than a bank, and due at a specified future time.

trade′ accept`ance


n.
a bill of exchange drawn by the seller of goods on the buyer, and accepted by the buyer for payment at a future date.
[1915–20]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trade acceptance - a bill of exchange for a specific purchasetrade acceptance - a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
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 ?
Payments shall be made in euro as supplier to the buyer of the Parties signed the trade acceptance certificate, VAT invoice (invoice) for payment.
Products will be judged on their novel use of nonwoven technology, as well as on their consumer and trade acceptance and reviewed by an INDA selection committee.
With growing consumer and trade acceptance behind the brand in the UK, our investment and a great team of talented people, I'm looking forward to maintaining this momentum," said Forde.
Products will be judged on their novel use of nonwovens technology as well as on their consumer and trade acceptance.
During the quarter we also introduced Sally Hansen Healing Beauty, a line of skin care makeup, and the early launch has received very favorable trade acceptance.
A trade acceptance is essentially a bill of exchange issued in the course of an export/import transaction.
Actrade Financial Electronic Trade Acceptance Technologies Draft--an electronic trade vwww.
The Trade Acceptance Draft (TAD) Program, offers an advantageous third payment option to typical cash (COD) or open account terms for commercial transactions, satisfying the needs of both the buyer and supplier.