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English definition of “banker's acceptance”

banker's acceptance

noun [C or U] ( also bank bill) BANKING, FINANCE
a bill of exchange (= document ordering payment of a particular amount) which has been accepted and signed by a bank that promises to pay the amount stated: The requested loan would be completely safe for the company, as it would be guaranteed by banker's acceptance.
(Definition of banker's acceptance from the Cambridge Business English Dictionary © Cambridge University Press)
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