What is the definition of Bankers' acceptance? | Dictionary.net

BANKERS' ACCEPTANCE

\bˈaŋkəz ɐksˈɛptəns], \bˈaŋkəz ɐksˈɛptəns], \b_ˈa_ŋ_k_ə_z ɐ_k_s_ˈɛ_p_t_ə_n_s]\

Definitions of BANKERS' ACCEPTANCE

1910 - Black's Law Dictionary (2nd edition)

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Signing a bill by the buyers bank. It states the date to be paid by. It states also that the buyer is stable and can pay.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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