banker's acceptance

Definitions

  • WordNet 3.6
    • n banker's acceptance banking: a time draft drawn on and accepted by a bank
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Usage

In literature:

The banker's offer was soon accepted.
"File No. 113" by Emile Gaboriau
Finally this was accepted, so I got out paper and envelope, and on the wet deck, by moonlight, wrote the banker's draft.
"The Voyage Alone in the Yawl "Rob Roy"" by John MacGregor
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