trade acceptance
noun Date: 1916 a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (as a bank)

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • trade acceptance — n: a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer s acceptance, and often noting the place of payment (as a bank) Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • trade acceptance — n. a bill of exchange or draft drawn upon the purchaser by the seller and accepted by the purchaser for payment at a specified time …   English World dictionary

  • trade acceptance — noun a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer s acceptance • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun : a time draft or bill of exchange for the amount of a… …   Useful english dictionary

  • trade acceptance — trade′ accept ance n. bus a bill of exchange drawn by the seller of goods on the buyer, and accepted by the buyer for payment at a future date • Etymology: 1915–20 …   From formal English to slang

  • trade acceptance — noun A negotiable instrument in the course of international trade similar to a Bankers Acceptance (BA) except it is drawn on and accepted by a buyer/importer (as opposed to a bank). May be sold to a bank or investor at a discount becoming a… …   Wiktionary

  • Trade acceptance — Written demand that has been accepted by an industrial company to pay a given sum at a future date. Related: banker s acceptance. The New York Times Financial Glossary …   Financial and business terms

  • trade acceptance — Written demand that has been accepted by an industrial company to pay a given sum at a future date. Related: banker s acceptance. Bloomberg Financial Dictionary …   Financial and business terms

  • trade acceptance — 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] * * * …   Universalium

  • trade acceptance — Commercial paper. Continental Nat. Bank & Trust Co. v Stirling, 65 Idaho 123, 140 P2d 230, 149 ALR 314. A draft or bill of exchange, drawn by the seller on the purchaser of goods sold, and accepted by such purchaser, the purpose of the… …   Ballentine's law dictionary

  • Transaction Insured Trade Acceptance Locator — ( TITAL) A trade acceptance through an insurance entity (rather than a bank) which is conditional upon exporter performance. Bloomberg Financial Dictionary …   Financial and business terms

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