Definition of banker's acceptance
: a short-term credit instrument issued by an importer's bank that guarantees payment of an exporter's invoice
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“Banker's acceptance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banker%27s%20acceptance. Accessed 21 Sep. 2021.
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Time Traveler for banker's acceptance
The first known use of banker's acceptance was in 1813
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