banker"s acceptance造句
1 A banker's acceptance starts off as a bill of exchange, which is itself a form of IOU.
2 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.
3 Bankers' Acceptances: A banker's acceptance starts as an order to a bank by a bank's customer to pay a sum of money at a future date, typically within six months.
4 The issuing bank will sell the banker's acceptance in the market and remit the funds to the beneficiary .
5 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.
6 Bank acceptance , Bill ; Banker's acceptance : A Bill of exchange which has been accepted by a banker.
7 Assuming all of the documents are in order, the issuing bank will issue a banker's acceptance to the negotiating bank guaranteeing payment at a future point.