Acceptance: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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Another essential requirement being an offer.
Another essential requirement being an offer.
4. ''Payment systems''.
Abbreviation for acceptance for settlement.




== See also ==
== See also ==
* [[Acceptance credit]]
* [[Acceptance credit]]
* [[Acceptance for settlement]]
* [[Acceptance provider]]
* [[Acceptance provider]]
* [[Banker's acceptance]]
* [[Banker's acceptance]]
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* [[Documents against acceptance]]
* [[Documents against acceptance]]
* [[Offer]]
* [[Offer]]
* [[Settlement]]
* [[Trade acceptance]]
* [[Trade acceptance]]
* [[Trade finance]]
* [[Trade finance]]

Revision as of 13:51, 2 December 2021

1. Bills of exchange.

An acceptance is a bill of exchange which has been 'accepted' by a high quality credit - usually a bank - effectively guaranteeing payment and thereby enhancing the credit quality of the bill.


2. Trade finance.

A trade acceptance.


3. Law - contract.

Acceptance is one of the essential requirements for the formation of a contract under English law.

Another essential requirement being an offer.


4. Payment systems.

Abbreviation for acceptance for settlement.


See also