How To Use Banker's acceptance In A Sentence

• A banker's acceptance is a short-term debt issued by a business firm on which a large commercial bank has guaranteed payment to the investor so that it becomes a liability of the bank.
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• Bank acceptance , Bill ; Banker's acceptance : A Bill of exchange which has been accepted by a banker.
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• The bank typically would sell it in the banker's acceptance market and later, at maturity, pay off the investor at par as the payment from the importer comes due.
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• A banker's acceptance is a short-term debt issued by a business firm on which a large commercial bank has guaranteed payment to the investor so that it becomes a liability of the bank.
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