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Banker's Acceptance

Definition: Banker's Acceptance

Banker's Acceptance

Noun

1. Banking: a time draft drawn on and accepted by a bank.

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 



Specialty Definitions: Banker's Acceptance

DomainDefinitions

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.

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Synonym: Banker's Acceptance

Synonym: acceptance (n). (additional references)

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Crosswords: Banker's Acceptance

Specialty definitions using "banker's acceptance": Accommodation Note Or Paper. (references)

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Modern Translations: Banker's Acceptance

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.

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Alternative Orthography: Banker's Acceptance


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)

    

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)

&#66 &#97 &#110 &#107 &#101 &#114 &#39 &#115 &#32 &#65 &#99 &#99 &#101 &#112 &#116 &#97 &#110 &#99 &#101

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

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INDEX

1. Definition
2. Synonyms
3. Crosswords
4. Translations: Modern
5. Orthography
6. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.