Acceptor

From ACT Wiki
Revision as of 19:12, 20 October 2022 by imported>Doug Williamson (Add link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Bills of exchange.

A party that signs a bill of exchange as a formal acknowledgement of the obligation to honour it, effectively guaranteeing payment and thereby enhancing the credit quality of the bill.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Acceptor&oldid=1119’