Source Word
trade acceptance
Noun
(business,
banking,
finance)
A
negotiable
instrument
in
the
course
of
international
trade
similar
to
a
Banker's
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
marketable
money-market
instrument.
Japanese Meaning
国際貿易において、銀行の引受ではなく、買い手(輸入業者)によって引き受けられる譲渡性決済手形。銀行や投資家に割引で売却され、市場性のあるマネーマーケット商品へと変換される金融商品を指す。
Sense(1)
(business,
banking,
finance)
A
negotiable
instrument
in
the
course
of
international
trade
similar
to
a
Banker's
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
marketable
money-market
instrument.
( plural )