| |
Financial Definitions, Terms &
Glossary
A-to-Z Listing
Browse Financial Terms by Letter
|
|
Banker's Acceptance Definition
| Banker's Acceptance - |
A short-term credit investment which is created by a non-financial firm and whose payment is guaranteed by a bank. Often used in importing and exporting, and as a money market fund investment.
A short-term credit investment created by a non-financial firm and guaranteed by a bank.
|
|
|

Financial-Dictionary.com © Copyright 2009
|