Banker's acceptance and Peso: Difference between pages

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(BA).  
Peso is a widely used name for the currencies of a number of different countries including Argentina, Chile, Colombia, Cuba, Mexico, the Philippines and Uruguay.


A bill of exchange (draft) which has been accepted by a bank.


A draft accepted by a bank constitutes an unconditional and binding obligation on the part of the bank to pay the draft at maturity.
The peso was historically a Spanish silver coin.


== See also ==
Spain now uses the euro.
* [[Acceptance]]
* [[Bill of exchange]]
* [[Draft]]
* [[Trade acceptance]]


[[Category:Asset_and_Project_Finance]]
 
[[Category:Bank_Lending]]
==See also==
[[Category:Debt_Capital_Markets]]
*[[Argentina]]
[[Category:Trade_Finance]]
*[[EUR]]
*[[Mexico]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Latest revision as of 16:21, 8 December 2019

Peso is a widely used name for the currencies of a number of different countries including Argentina, Chile, Colombia, Cuba, Mexico, the Philippines and Uruguay.


The peso was historically a Spanish silver coin.

Spain now uses the euro.


See also

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