BANKER'S ACCEPTANCE

(noun)

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There is 1 meaning of the phrase Banker's Acceptance.

Synonyms (Exact Relations)

"A banker's acceptance is a marketable financial instrument used to guarantee payment in international trade."

"The company used a banker's acceptance to secure the payment for the goods they exported."

"Many exporters prefer banker's acceptances as a form of payment due to their creditworthiness."

"The banker's acceptance was smoothly processed by the bank and ensured timely payment."

"The importer insisted on the use of a banker's acceptance to protect against non-payment."