trade acceptance ( synonym found)

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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