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Definition of banker's acceptance in English English dictionary
- A negotiable instrument or time draft drawn on and accepted by a bank, that upon acceptance becomes an obligation of the bank and is a marketable money-market instrument
- banker's acceptances
- plural form of banker's acceptance
Related Terms
banker's acceptance
Hyphenation
banker's ac·cept·anceTurkish pronunciation
bängkırz äkseptınsPronunciation
/ˈbaɴɢkərz akˈseptəns/ /ˈbæŋkɜrz ækˈsɛptəns/
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