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BANKER'S ACCEPTANCE
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| IPA (US): |  |
Dictionary entry overview: What does banker's acceptance mean?
• BANKER'S ACCEPTANCE (noun)
The noun BANKER'S ACCEPTANCE has 1 sense:
1. banking: a time draft drawn on and accepted by a bank
Familiarity information: BANKER'S ACCEPTANCE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
Banking: a time draft drawn on and accepted by a bank
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
acceptance; banker's acceptance
Hypernyms ("banker's acceptance" is a kind of...):
bill of exchange; draft; order of payment (a document ordering the payment of money; drawn by one person or bank on another)
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"If you tell the truth, people are not happy; if beaten with a stick, dogs are not happy." (Bhutanese proverb)
"Smart people are blessed." (Arabic proverb)
"A good deed is worth gold." (Dutch proverb)