A Banker’s Acceptance (B/A) is a negotiable order to pay a specified amount of money on a future date issued by a company that is guaranteed by a commercial bank.
Related Definitions in the Project: The Commercial Definitions
A Banker’s Acceptance (B/A) is a negotiable order to pay a specified amount of money on a future date issued by a company that is guaranteed by a commercial bank.
Related Definitions in the Project: The Commercial Definitions