Home
E-Mail
Latest

Bankers Acceptance

What is it? A draft drawn on a specific bank by a seller of goods to obtain payment of goods that have been sold to a customer. The customer maintains an account with that specific bank.

Added By: Amanda

The Bankers Acceptance definition has been viewed 113 Time(s)!




Send To Friends!

If you'd like to send the Bankers Acceptance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Bankers Acceptance. If you need any more information on this term, please don't hesitate to contact us.