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Banker's Acceptance
(redirected from Bankers' acceptance)

    Also found in: Acronyms, Wikipedia 0.01 sec.
Banker's acceptance
A short-term credit investment created by a nonfinancial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts to face value in the secondary market. These instruments have been a popular investment for money market funds. They are commonly used in international transactions.
banker's acceptance
A short-term credit instrument created by a nonfinancial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts from face value in the secondary market on the basis of the credit quality of the guaranteeing banks. These instruments have become a popular investment for money market funds. Also called acceptance.
Banker's Acceptance
Short-term debt obligations that are secured by banks. That is, a bank promises to pay a creditor if a borrower defaults. It is also called a documented discount note.


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Long-term debt a) The Fund's subsidiaries have long-term debt as follows: 2005 2004 --------------------------------------------------------------------- Term loan with monthly interest payments only, maturing November 15, 2007, bearing interest at Bankers' Acceptance rates plus 2.
Associated Brands Income Fund Announces Fourth Quarter and Year End ... by Business Wire
Borrowings under the facility bear floating rates of interest at margins over Canadian dollars bankers' acceptance yields, US dollar LIBOR rates or prime rates.
Wajax Announces Another Quarter of Significantly Improved Results and ... by Business Wire
Borrowings under the bankers' acceptance bear interest at the bankers' acceptance rate plus 2.
Alexis Nihon REIT Announces Fourth Quarter and 2005 Year-End Results by Business Wire
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