banker's acceptance

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  • noun

Synonyms for banker's acceptance

banking: a time draft drawn on and accepted by a bank

References in periodicals archive ?
Time bill: A banker's acceptance or bill of exchange that is not payable until some specific future time.
s, cash, interbank deposit, deposit with Central Bank, treasury bills, money at call, commercial papers, certificates of deposit, banker's acceptance, and so on) that has easy realization, liquidity and safety characteristics which are easy to trade.
Following his brief tenure on the Board of Governors of the Federal Reserve System, Paul Warburg in particular was active in the promotion of the banker's acceptance market in the United States, and viewed the development and growth of the secondary market for banker's acceptances as a key function of the new central bank.
After 60 days from sight, buyer bank issues banker's acceptance and charges Domestic Inc.
45 per cent per annum (paid semi-annually) until September 29, 2021, and at the three-month Banker's Acceptance Rate plus 1.
Margin deposits paid by banks' clients will have to be included in reserves to the central bank to secure issuance of banker's acceptance, letters of guarantee and letters of credit.