BANKER'S ACCEPTANCE
(noun)Definitions
There is 1 meaning of the phrase
Banker's Acceptance.
Banker's Acceptance - as a noun
Example Sentences
"A banker's acceptance is a marketable financial instrument used to guarantee payment in international trade."
"The company used a banker's acceptance to secure the payment for the goods they exported."
"Many exporters prefer banker's acceptances as a form of payment due to their creditworthiness."
"The banker's acceptance was smoothly processed by the bank and ensured timely payment."
"The importer insisted on the use of a banker's acceptance to protect against non-payment."
