Difference between revisions of "Trade acceptance"

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A draft accepted by a company constituting an unconditional and binding obligation on the part of the company to pay the draft at maturity.
 
A draft accepted by a company constituting an unconditional and binding obligation on the part of the company to pay the draft at maturity.
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== See also ==
 
== See also ==
 +
* [[Acceptance]]
 
* [[Banker's acceptance]]
 
* [[Banker's acceptance]]
 
* [[Draft]]
 
* [[Draft]]
 
 

Revision as of 20:00, 2 June 2016

A draft accepted by a company constituting an unconditional and binding obligation on the part of the company to pay the draft at maturity.


See also