Acceptance credit: Difference between revisions
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== See also == | == See also == | ||
* [[Bill of exchange]] | * [[Bill of exchange]] | ||
[[Category:Bank_Lending]] | |||
[[Category:Debt_Capital_Markets]] | |||
[[Category:Trade_Finance]] | |||
Revision as of 12:16, 13 August 2014
A UK money-market term for a bill of exchange drawn by a customer on its bank, which is accepted and then discounted by the bank, the proceeds being paid to the customer.
