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Definition: Banker's Acceptance |
Banker's AcceptanceNoun1. Banking: a time draft drawn on and accepted by a bank. Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
| Domain | Definitions |
Finance | Commercial bill accepted by a bank ; US and Canadian term for a bill of exchange which has been accepted by a banker. Source: European Union. (references) |
| A draft drawn on a bank, which when accepted by the bank, constitutes the bank's obligation to pay the draft writer's bills from a specified creditor when the bills are due. The bank literally stamps "Accepted for payment by (name of bank) on (date)" across the face of the draft. Acceptance converts a depositor's "order to pay" into an unconditional "promise to pay" by the accepting bank. Bankers acceptances are effectively a guaranty of payment for a purchase and are usually used in financing the import, export, transfer or storage of goods, and qualify as liquid assets when held by a thrift institution. (references) | |
Source: compiled by the editor from various references; see credits. | |
Synonym: Banker's AcceptanceSynonym: acceptance (n). (additional references) |
Crosswords: Banker's Acceptance |
| Specialty definitions using "banker's acceptance": Accommodation Note Or Paper. (references) |
| Language | Translations for "banker's acceptance"; alternative meanings/domain in parentheses. | |
Danish | bankveksel (acceptance, acceptance letter, bank acceptance, bank bill), bankgaranteret veksel (acceptance, acceptance letter, bank acceptance, bank bill), bankaccept (acceptance, acceptance letter, bank acceptance, bank bill), accept (accept, acceptance, acceptance letter, approval, bank acceptance, bank bill, bill payable, note payable, official approval). (various references) | |
Dutch | bankacceptatie (acceptance, acceptance letter, bank acceptance, bank bill), bankaccept (acceptance, acceptance letter, bank acceptance, bank bill), acceptatie (accept, acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
Finnish | vekseli (acceptance, acceptance letter, bank acceptance, bank bill, bill, draft), pankkitunnuste (acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
French | acceptation de banque (bank acceptance, bank bill), acceptation bancaire (bank acceptance, bank bill). (various references) | |
German | Bankakzept (acceptance, acceptance letter, bank acceptance, bank bill), Akzept (accept, acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
Greek | bankers acceptance (acceptance, acceptance letter, bank acceptance, bank bill), συναλλαγματική με αποδοχή ή οπισθογράφηση τράπεζας (acceptance, acceptance letter, bank acceptance, bank bill), γραμμάτιο τράπεζας (acceptance, acceptance letter, bank acceptance, bank bill), τραπεζική συναλλαγματική (acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
Italian | lettera di accettazione (acceptance, acceptance letter, bank acceptance, bank bill), accettazione bancaria (acceptance, acceptance letter, bank acceptance, bank bill), accettazione (accept, acceptance, acceptance letter, acceptation, assumption, bank acceptance, bank bill, photo, picture, reception, recording, snap, uptake). (various references) | |
Pig Latin | anker'sbay acceptanceay.(various references) | |
Portuguese | aceite bancário (acceptance, acceptance letter, bank acceptance, bank bill), aceite (accept, acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
Spanish | bankers acceptance (acceptance, acceptance letter, bank acceptance, bank bill), pagaré bancario (acceptance, acceptance letter, bank acceptance, bank bill), letra bancaria (acceptance, acceptance letter, bank acceptance, bank bill, bank draft), aceptación bancaria (acceptance, acceptance letter, bank acceptance, bank bill), aceptación (accept, acceptance, acceptance letter, acceptation, admission, bank acceptance, bank bill, uptake). (various references) | |
Swedish | bankaccept (acceptance, acceptance letter, bank acceptance, bank bill). (various references) | |
| Source: compiled by the editor from various translation references. | ||
Hexadecimal (or equivalents, 770AD-1900s) (references)42 61 6E 6B 65 72 27 73      41 63 63 65 70 74 61 6E 63 65 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000010 01100001 01101110 01101011 01100101 01110010 00100111 01110011 00100000 01000001 01100011 01100011 01100101 01110000 01110100 01100001 01101110 01100011 01100101 |
HTML Code (1990) (references)B a n k e r ' s   A c c e p t a n c e |
ISO 10646 (1991-1993) (references)0042 0061 006E 006B 0065 0072 0027 0073      0041 0063 0063 0065 0070 0074 0061 006E 0063 0065 |
Encryption (beginner's substitution cypher): (references)366780777184985235696971828667806971 |
| 1. Definition 2. Synonyms 3. Crosswords 4. Translations: Modern | 5. Orthography 6. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.