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Bankers Acceptance |
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Bankers Acceptance (BA) What Does Banker's Acceptance (BA) Mean? A short-term credit investment created by a nonfinancial firm and guaranteed by a bank. Investopedia explains Banker's Acceptance (BA) Acceptances are traded at a discount from face value on the secondary market. Banker's acceptances are very similar to T-bills and often are used in money market funds. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Payments (Sight, Bankers Acceptance, Discounted flankers Acceptances, Deferred Payments) Depending on the form under which the credit facility is accessed, rates of interest will vary between Canadian prime, US base rate, or LIBOR rate or bankers acceptance rates plus 65 or 85 basis points. Principally bankers acceptance, commercial paper, and negotiable time certificates of deposit. |
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