banker’s acceptance

banker’s acceptance

A bill of exchange drawn on and accepted by a commercial bank. • Banker’s acceptances are often issued to finance the sale of goods in international trade. — Abbr. BA. — Also termed bank acceptance. [Cases: Banks and Banking 189; Bills and Notes 151. C.J.S. Banks and Banking §§ 452–458; Bills and Notes; Letters of […]

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banker’s acceptance

banker’s acceptance (1)银行承兑 广义上指银行对汇票进行承兑;在银行业务中特指银行通过承兑汇票而提供的贷款额度。 (2)银行承兑汇票 银行为其客户进行贸易融资而接受的汇票,到期时可由债权人向债务人提示支付。银行承兑汇票是从事国际贸易的公司和个人经常使用的一种短期信用工具,可和短期政府证券相比,并可在公开市场上贴现出售。

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