Acceptance: Difference between revisions

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imported>Doug Williamson
(Make scope English law only.)
imported>Doug Williamson
(Link with BA page.)
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* [[Credit]]
* [[Credit]]
* [[Offer]]
* [[Offer]]
* [[BA]]


[[Category:Corporate_finance]]
[[Category:Corporate_finance]]

Revision as of 13:45, 9 October 2015

1.

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. Law.

One of the essential requirements for the formation of a contract under English law.

Another essential requirement being an offer.


See also