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Documents against acceptance |
Also found in: Acronyms | 0.01 sec. |
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Documents against acceptance Shipping documents held by the buyer's bank until the buyer has accepted (signed) the draft. |
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The Korean banks' cross-complaints include Center Bank as a co-defendant alleging breach of contract, negligence, negligent misrepresentation and breach of fiduciary duty in the handling of certain documents against acceptance transactions that occurred in the years 2000 and 2001. |
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Documents against acceptance
