Definitions for "bankers acceptance"
Keywords:  drawee, draft, export, drawn, wachovia
a bill of exchange or time draft drawn on and accepted by a commercial bank
a low cost loan over the normal cash conversion cycle for a specific shipment or lot of inventory
a method of financing that Wachovia may provide to its customers to support their short-term (six months or less) trade transactions
Keywords:  firm, non, financial, investment, short
A short-term credit investment which is created by a non-financial firm and...
A short-term credit investment created by a non-financial firm and guaranteed by a bank. BAs are very similar to T-bills.
A security representing a bank's promise to repay a loan created in a commercial transaction in case the debtor fails to perform. Commonly used in international transactions.
a bearer note issued by a business and guaranteed by a bank