TRADE ACCEPTANCE
(noun)Definitions
There is 1 meaning of the phrase
Trade Acceptance.
Trade Acceptance - as a noun
A bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
Example Sentences
"The company used trade acceptance to secure financing for their new expansion project."
"He received a trade acceptance from the supplier, confirming the order of goods."
"The trade acceptance was presented to the bank for payment."
"Once the trade acceptance was endorsed, it became a negotiable instrument."
"The trade acceptance allowed the seller to defer payment until a later date."
