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Trade Acceptance
(redirected from Trade Acceptances)

   Also found in: Dictionary/thesaurus 0.01 sec.
Trade acceptance
Written demand that has been accepted by an industrial company to pay a given sum at a future date. Related: Banker's acceptance.

Trade Acceptance
A bill of exchange that has not been countersigned by the drawee's bank. A trade acceptance is presented as payment for a good or service. It is only as valuable as the drawee's creditworthiness. It is also called an accepted bill of exchange, an accepted draft, or a trade bill.


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It did so by using repurchase agrements to buy for its own account the majority of trade acceptances issued in New York.
The reduction of trade acceptances payable is also showing the effects of reduced inventory, yet we continue to supply the demand from customers on a current basis.
Since 1993, Actrade Capital has been engaged in the discount purchase of domestic commercial trade acceptances through its Trade Acceptance Draft (TAD) Program.
 
 
 
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