trade acceptance

noun

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)

First Known Use of trade acceptance

1916, in the meaning defined above

Keep scrolling for more

Learn More about trade acceptance

Time Traveler for trade acceptance

Time Traveler

The first known use of trade acceptance was in 1916

See more words from the same year

Statistics for trade acceptance

Cite this Entry

“Trade acceptance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trade%20acceptance. Accessed 2 Mar. 2021.

Style: MLA
MLA Chicago APA Merriam-Webster

Keep scrolling for more

More Definitions for trade acceptance

trade acceptance

noun

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)

More from Merriam-Webster on trade acceptance

Britannica.com: Encyclopedia article about trade acceptance

Comments on trade acceptance

What made you want to look up trade acceptance? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

February 2021 Words of the Day Quiz

  • squirrel in winter
  • Which is a synonym of perdure?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!