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Trade Acceptance |
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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. 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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