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Trade acceptance

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Trade Acceptance
Definition: Form of negotiable instrument used to document a purchaser's obligation to pay for goods. T/A is the legal equivalent of a promissory note.

 


INSURED TRADE ACCEPTANCE - A trade acceptance where the buyer's ability to pay is insured.
INTANGIBLE ASSET - an asset that is not physical in nature. Examples are things like copyrights, patent...

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.
Investment Banker ...

Trade Acceptance
A draft drawn by the seller of goods upon the buyer who agrees to pay by signing "accepted" on the draft.
Trade Deficit ...

Trade Acceptance - A time draft that is drawn on and accepted by an importer.
Trade Balance - A country's net balance (exports minus imports) on merchandise trade.

A trade acceptance where the buyer's ability to pay is insured.
Intangible asset ...

(2) Trade acceptance: a draft, usually issued from the sales of merchandise, whose drawee and acceptor is an individual or a business entity.
Français: Acceptation
Español: Aceptación
Acceptance credit: ...

Related: Non-insured plans Insured Trade Acceptance A trade acceptance where the buyer's ability to pay is insured. Intangible asset A legal claim to some future benefit, typically a claim to future cash.

2. Finance. Trade acceptance that is issued by a finance company affiliated with a manufacturer, for example, General Motors Acceptance Corp. Or by an importer acting as agent for a manufacturer. It is often backed by a bank Letter of Credit.

TIGER See: Treasury Investors Growth Receipt TIIS See: Treasury inflation-indexed securities TIPS See: Treasury inflation-proteced securities TITAL See: Transaction insured trade acceptance locator TJ The two-character ISO 3166 ...

A banker's acceptance is a time draft honored by a bank, and is typically used in international trade. A trade acceptance is a time draft drawn by the seller of goods on a buyer. In a trade acceptance, the buyer is the acceptor.

Insured Guest Passenger (insurance)
Insured Letter (Scott Catalogue prefix; philately)
Insured Money Market Account
insured person
insured person
Insured plans
Insured Property
Insured Trade Acceptance ...

If, in the case of a time draft, the buyer accepts the obligation to pay, he will often put a note to that effect, along with his signature, on the draft. Such an accepted draft is known as a trade acceptance and represents a legal commitment on the ...

See also: Interest rate swap, Treasury bonds, Counterparties, Expense, Bills

Business Tracking stockTrade association

 
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