trade acceptance
Definition of trade acceptance
: a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (such as a bank)
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First Known Use of trade acceptance
1916
Law Dictionary
trade acceptance
Legal Definition of trade acceptance
: a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (as a bank)
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Britannica.com: Encyclopedia article about trade acceptance
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