trade acceptance (0 synonym found)

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trade acceptances

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Definition of trade acceptance:

°A negotiable instrument or time draft arising in the course of international trade drawn on and accepted by a bank, that upon acceptance becomes an obligation of the bank and is a marketable money-market instrument.
Definition of trade acceptance:

°A negotiable instrument or time draft arising in the course of international trade drawn on and accepted by a bank, that upon acceptance becomes an obligation of the bank and is a marketable money-market instrument.
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