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Meaning of "bank acceptance" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF BANK ACCEPTANCE

bank acceptance play
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GRAMMATICAL CATEGORY OF BANK ACCEPTANCE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Bank acceptance is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BANK ACCEPTANCE MEAN IN ENGLISH?

Bankers' acceptance

A banker's acceptance, or BA, is a promised future payment, or time draft, which is accepted and guaranteed by a bank and drawn on a deposit at the bank. The banker's acceptance specifies the amount of money, the date, and the person to which the payment is due. After acceptance, the draft becomes an unconditional liability of the bank. But the holder of the draft can sell it for cash at a discount to a buyer who is willing to wait until the maturity date for the funds in the deposit. A banker's acceptance starts as a time draft drawn on a bank deposit by a bank's customer to pay money at a future date, typically within six months, analogous to a post-dated check. Next, the bank accepts payment to the holder of the draft, analogous to a post-dated check drawn on a deposit with over-draft protection. The party that holds the banker's acceptance may keep the acceptance until it matures, and thereby allow the bank to make the promised payment, or it may sell the acceptance at a discount today to any party willing to wait for the face value payment of the deposit on the maturity date.

Definition of bank acceptance in the English dictionary

The definition of bank acceptance in the dictionary is a bill of exchange or draft drawn on and endorsed by a bank Also called: banker's acceptance.

WORDS THAT BEGIN LIKE BANK ACCEPTANCE

bank
bank account
bank annuities
bank balance
bank bill
bank card
bank charges
bank clerk
bank deposit
bank discount
bank draft
bank engine
Bank for International Settlements
Bank Giro
Bank Giro Credit
bank holiday
bank loan
bank manager
Bank of England
bank on

WORDS THAT END LIKE BANK ACCEPTANCE

acceptance
acquaintance
advance
assistance
capacitance
circumstance
Constance
court of first instance
distance
for instance
importance
inheritance
instance
long-distance
reluctance
resistance
stance
substance
the distance
the Resistance
walking distance

Synonyms and antonyms of bank acceptance in the English dictionary of synonyms

SYNONYMS

Translation of «bank acceptance» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BANK ACCEPTANCE

Find out the translation of bank acceptance to 25 languages with our English multilingual translator.
The translations of bank acceptance from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «bank acceptance» in English.

Translator English - Chinese

银行承兑汇票
1,325 millions of speakers

Translator English - Spanish

aceptación bancaria
570 millions of speakers

English

bank acceptance
510 millions of speakers

Translator English - Hindi

बैंक स्वीकृति
380 millions of speakers
ar

Translator English - Arabic

قبول البنك
280 millions of speakers

Translator English - Russian

принятие банк
278 millions of speakers

Translator English - Portuguese

aceitação do banco
270 millions of speakers

Translator English - Bengali

ব্যাংক অনুমোদন
260 millions of speakers

Translator English - French

acceptation bancaire
220 millions of speakers

Translator English - Malay

Penerimaan bank
190 millions of speakers

Translator English - German

Bank Akzeptanz
180 millions of speakers

Translator English - Japanese

銀行引受手形
130 millions of speakers

Translator English - Korean

은행 수용
85 millions of speakers

Translator English - Javanese

Bank nampi
85 millions of speakers
vi

Translator English - Vietnamese

chấp nhận ngân hàng
80 millions of speakers

Translator English - Tamil

வங்கி ஏற்றுதல்
75 millions of speakers

Translator English - Marathi

बँक स्वीकृती
75 millions of speakers

Translator English - Turkish

Banka kabulü
70 millions of speakers

Translator English - Italian

accettazione banca
65 millions of speakers

Translator English - Polish

akceptacja banku
50 millions of speakers

Translator English - Ukrainian

прийняття банк
40 millions of speakers

Translator English - Romanian

acceptare bancă
30 millions of speakers
el

Translator English - Greek

τραπεζικής αποδοχής
15 millions of speakers
af

Translator English - Afrikaans

bank aanvaarding
14 millions of speakers
sv

Translator English - Swedish

bank acceptans
10 millions of speakers
no

Translator English - Norwegian

bank aksept
5 millions of speakers

Trends of use of bank acceptance

TRENDS

TENDENCIES OF USE OF THE TERM «BANK ACCEPTANCE»

The term «bank acceptance» is used very little and occupies the 164.169 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
23
/100
The map shown above gives the frequency of use of the term «bank acceptance» in the different countries.
Principal search tendencies and common uses of bank acceptance
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «bank acceptance».

FREQUENCY OF USE OF THE TERM «BANK ACCEPTANCE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «bank acceptance» during the past 500 years. Its implementation is based on analysing how often the term «bank acceptance» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about bank acceptance

EXAMPLES

10 ENGLISH BOOKS RELATING TO «BANK ACCEPTANCE»

Discover the use of bank acceptance in the following bibliographical selection. Books relating to bank acceptance and brief extracts from same to provide context of its use in English literature.
1
International Financial Management
At maturity, the importer is responsible for repayment to the bank. Acceptance financing can also be arranged without the use of an L/C under a separate acceptance agreement. Similar to a regular loan agreement, it stipulates the terms and ...
Jeff Madura, 2011
2
The Law of Letters of Credit and Bank Guarantees
An argument may be made, therefore, that the bank's acceptance of the draft discharges the applicant's debt to the beneficiary. On this principle, there might appear to be a difference between those instances where the beneficiary claims  ...
Agasha Mugasha, 2003
3
Law of Multi-Bank Financing
Agasha Mugasha. obligations of the Borrower to any Bank be diminished or affected by any failure or alleged failure on the part of any other Bank to duly perform its obligations under the terms of this Agreement.
Agasha Mugasha, 1997
4
Routledge German Dictionary of Business, Commerce, and ...
FINANZ acceptance charge; Akzepthaus nt BANK acceptance house, accepting house; Akzeptkredit nt BANK acceptance facility; Akzeptkreditrahmen m BANK acceptance line (AmE) akzeptieren vr BANK Kreditkarte, FINANZ, комм Gespräch  ...
‎1997
5
Essentials of Business Law and the Legal Environment
Acceptance. Rights and obligations arise as a result of a receiving bank's acceptance of a payment order. The effect of acceptance depends on whether the payment order was issued to the beneficiary's bank or to a receiving bank other than ...
Richard Mann, Barry Roberts, 2012
6
The Law & Practice of Offshore Banking & Finance
If A instructs its bank, A Bank, to make payment to B at B Bank, and B Bank maintains an account with A Bank, acceptance by B Bank of the payment order takes place when A Bank credits the correspondent, or vostro, account of B Bank and B ...
Edmund M. A. Kwaw, 1996
7
China: Development and Governance
Bank Acceptances A bank acceptance is a promised future payment accepted and guaranteed by a bank. By pledging 30—50% margin deposits, a non- financial company in China can obtain an acceptance from the bank and then sell or ...
Gungwu Wang, Yongnian Zheng, 2013
8
The practical work of a bank
The rate at which paper bearing a first-class bank acceptance will be discounted is so favorable that it will be profitable for the merchant to pay the bank's commission in order to obtain the lessened discount rate. The acceptance form of bank ...
William Henry Kniffin
9
Proceedings of the 2011 International Conference on ...
Volume 2: Information Systems and Computer Engineering Liangzhong Jiang. The detailed procedure is as follows in Fig.1:(1)The seller , the buyer and the bank sign a three-party agreement; (2)The buyer applys for a bank acceptance draft ...
Liangzhong Jiang, 2011
10
Financial Times Handbook of Corporate Finance: A Business ...
... 1 Acceptance 2 Bank accepts 4 Cash 3 The acceptance credit drawn up the promise to pay credit is sold at and sent to bank a sum at a stated a discount Acceptance future date commission paid 6 Firm pays bank to bank acceptance l credit ...
Glen Arnold, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «BANK ACCEPTANCE»

Find out what the national and international press are talking about and how the term bank acceptance is used in the context of the following news items.
1
Chinese banks lend more and M2 adds 10.8%
Total social financing, the broadest measure of credit supply that includes loans, bank acceptance bills, corporate bonds and equity financing, ... «Shanghai Daily, Jun 15»
2
Apple 'Pushing Retailers Hard' to Accept Apple Pay, in Spite of Low …
The California tech giant has gained quite the slice of profit from its merchant and bank acceptance. Hundreds of institutions jumped on Apple ... «CoinTelegraph, Jun 15»
3
Aoxin Tianli Group, Inc. Reports First Quarter 2015 Results
As of March 31, 2015, the Company had cash and cash equivalents of $40.91 million and short-term loans and bank acceptance notes payable ... «PR Newswire, May 15»
4
Issues in China on Internet financial products (IFP) derived from notes
This model involves the following procedures: (a) investors lend to originator; (b) originator uses its bank acceptance drafts as pledge to ... «Mondaq News Alerts, May 15»
5
SFC action against CMR serves as test case for HK laws involving …
... the metal recycler's subsidiaries in mainland China allowed the firms to access short-term borrowing, using bank acceptance bills, which they ... «South China Morning Post, Feb 15»
6
How To Trade AUD Into RBA? - Views From 15 Major Banks
Moreover, this came in conjunction with forward rates in Canada pricing additional easing, with the Dec-15 Canadian bank acceptance bill rate ... «eFXnews, Feb 15»
7
China issues draft rules restricting entrusted lending
Other methods include corporate discounting of bank acceptance bills, as well as corporate purchases of trust products, which are usually ... «Reuters, Jan 15»
8
The current market disequilibrium is bound to correct
Three-month bank acceptance bills have risen to 5.21% from 4.34% before the rate cut. Meanwhile, housing prices in China continue to decline ... «Moneylife, Dec 14»
9
Shadow banking offers way around regulatory controls
Shengjing said its plans were primarily investing in negotiated deposits with other banks or bank acceptance bills held by enterprises. It says ... «South China Morning Post, Dec 14»
10
China's rising interest rates defy easing expectations
The discount rate on three-month bank acceptance bills has risen to 5.21 per cent from 4.34 per cent before the rate cut, according to Thomson ... «Financial Times, Dec 14»

REFERENCE
« EDUCALINGO. Bank acceptance [online]. Available <https://educalingo.com/en/dic-en/bank-acceptance>. Apr 2024 ».
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