What is Banker's acceptance?

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  • What is Banker's acceptance?


A banker's acceptance, or BA, is a promised future payment, or time draft, which is accepted and guaranteed by a bank and drawn on a deposit at the bank.
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An importing business can issue a banker’s acceptance with a date beyond when the shipment is expected to be delivered, ...
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banker's acceptance; Banker's Acceptances; Banker's Acceptances; Banker's Association of the Philippines; Banker's bank; Banker's Banks; banker's bill ...
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(redirected from banker's acceptance) Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.
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banker's acceptance; banker's bill; banker's check; banker's hours; banker's order; bankerish; ... Banker's acceptance definition, bank acceptance. See more.
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Banker's acceptance: read the definition of Banker's acceptance and 8,000+ other financial and investing terms in the Financial Glossary.
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