banker's acceptance
banker's acceptance
nounDefinition of BANKER'S ACCEPTANCE
: a short-term credit instrument issued by an importer's bank that guarantees payment of an exporter's invoice
First Known Use of BANKER'S ACCEPTANCE
circa 1924
Browse
Next Word in the Dictionary: banker's bank
Previous Word in the Dictionary: banker mason
All Words Near: banker's acceptance
Previous Word in the Dictionary: banker mason
All Words Near: banker's acceptance
Seen & Heard 
What made you want to look up banker's acceptance? Please tell us where you read or heard it (including the quote, if possible).
