A short-term credit investment which is created by a non-financial firm and whose payment is guaranteed by a bank. Often used in importing and exporting, and as a money market fund investment.
Related information about banker's acceptance:
- Bankers' acceptance - Wikipedia, the free encyclopedia
A banker's acceptance, or BA, is a promised future payment, or time draft, which is accepted and guaranteed by a bank and drawn on a deposit at the bank.
- Banker's Acceptance (BA) Definition | Investopedia
A short-term debt instrument issued by a firm that is guaranteed by a commercial bank. Banker's acceptances are issued by firms as part of a commercial ...
- Money Market: Banker's Acceptance | Investopedia
A bankers' acceptance (BA) is a short-term credit investment created by a non- financial firm and guaranteed by a bank to make payment.
- Banker's Acceptance - Financial Dictionary - The Free Dictionary
A short-term credit investment created by a nonfinancial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts to face value in the ...
- banker's acceptance - The Free Dictionary
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 ...
- banker's acceptance - Legal Dictionary - The Free Dictionary
An express act or implication by conduct that manifests assent to the terms of an offer in a manner invited or required by the offer so that a binding contract is ...
- Banker's Acceptances - The Free Dictionary
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 ...
- What is banker's acceptance? definition and meaning
Definition of banker's acceptance: A short-term credit investment which is created by a non-financial firm and whose payment is guaranteed by a bank.