| 释义 |
trade acceptance
trade acceptancen. A bill of exchange drawn directly upon and accepted by an importer or purchaser, rather than a bank, and due at a specified future time.trade′ accept`ance
n. a bill of exchange drawn by the seller of goods on the buyer, and accepted by the buyer for payment at a future date. [1915–20] Thesaurus| Noun | 1. |  trade acceptance - a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptancebill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another |
Trade acceptance
Trade acceptanceWritten demand that has been accepted by an industrial company to pay a given sum at a future date. Related: Banker's acceptance.Trade AcceptanceA bill of exchange that has not been countersigned by the drawee's bank. A trade acceptance is presented as payment for a good or service. It is only as valuable as the drawee's creditworthiness. It is also called an accepted bill of exchange, an accepted draft, or a trade bill.trade acceptance
Words related to trade acceptancenoun a bill of exchange for a specific purchaseRelated Words- bill of exchange
- draft
- order of payment
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