Banker’s Acceptance

Banker’s Acceptance
Credit investment with a short term maturity initiated by non-financial firm. A bank guarantees payment. Acceptances are sold or bought in the secondary market at discounted prices and are common in international trades. Money market funds usually invest in these.

Related posts:

  1. Bankers Bank
  2. How to Invest in Money Market Accounts
  3. Investing in Stocks
  4. Eligible Bankers Acceptances
  5. Trade Acceptance

Leave a Comment