10 ENGLISH BOOKS RELATING TO «BANKER'S ACCEPTANCE»
Discover the use of
banker's acceptance in the following bibliographical selection. Books relating to
banker's acceptance and brief extracts from same to provide context of its use in English literature.
1
International Financial Management
Introduced earlier, a banker's acceptance (shown in Exhibit 19.4) is a bill of
exchange, or time draft, drawn on and accepted by a bank. It is the accepting
bank's obligation to pay the holder of the draft at maturity. As the first step in
creating a ...
2
Financial Institutions and Markets
A banker's acceptance indicates that a bank accepts responsibility for a future
payment. Banker's acceptances are commonly used for international trade
transactions. An exporter that is sending goods to an importer whose credit rating
is not ...
3
International Business Law and Its Environment
Time Draft Drawn under Letter of Credit with Banker's Acceptance TO: NATIONAL
BANK, N.A. ANYTOWN, U.S.A. (IMPORTER, BUYER OR DRAWEE) AT SIGHT
DATE CITY (INDICATE ABOVE WHETHER PAYABLE ON DEMAND OR OTHER
...
Richard Schaffer, Filiberto Agusti, Lucien Dhooge, 2014
4
Financial Markets and Institutions
WEB A banker's acceptance indicates that a bank accepts responsibility for a
future payment. Banker's acceptances are commonly used for international trade
transactions. An exporter that is sending goods to an importer whose credit rating
is ...
5
The Global Economy and International Financing
When a draft is accepted by a bank, it becomes a banker's acceptance and as
such it is the unconditional promise of that bank to make payment on the draft
when it matures. The holder of a banker's acceptance does not need to wait until
...
Henri L. Beenhakker, 2001
6
International Corporate Finance: Markets, Transactions and ...
BANKER'S ACCEPTANCE FINANCING Banker's acceptance financing has
historically been the least costly source of financing second only to commercial
paper borrowing. It is simply another source of pricing or funding a loan, identical,
from ...
7
International Corporate Finance (RLE International ...
BANKER'S ACCEPTANCE FINANCING Banker's acceptance financing has
historically been the least costly source of financing second only to commercial
paper borrowing. It is simply another source of pricing or funding a loan, identical,
from ...
Harvey A. Poniachek, 2012
8
Essentials of Managerial Finance
A banker's acceptance might be best described as a postdated check. More
accurately, a banker's acceptance is a time draft—an instrument issued by a bank
that obligates the bank to pay a specified amount to the owner of the banker's ...
Scott Besley, Eugene Brigham, 2007
9
International Financial Transactions and Exchange Rates: ...
When the time draft is drawn on and accepted by a bank, it becomes a banker's
acceptance (BA). The B/E must be an unconditional, written order, must be
addressed by one “person”—the term includes corporations and partnerships as
well ...
John N. Kallianiotis, 2013
10
An Introduction to Bond Markets
The instrument is called a banker's acceptance because a bank accepts the
ultimate responsibility to repay the loan to its holder. The use of banker's
acceptances to finance commercial transactions is known as acceptance
financing.
10 NEWS ITEMS WHICH INCLUDE THE TERM «BANKER'S ACCEPTANCE»
Find out what the national and international press are talking about and how the term
banker's acceptance is used in the context of the following news items.
NYSE Arca Issues Proposed Rule Change to List, Trade Shares of …
... banker's acceptance or a certificate of deposit) from a seller, subject to resale to the seller at an agreed upon price and date (normally, the next business day). «Targeted News Service, Jun 15»
Royal Bank of Canada announces NVCC subordinated debenture …
... 2020, and at the three-month Banker's Acceptance Rate plus 1.10 per cent thereafter until their maturity on June 4, 2025 (paid quarterly). «Canada NewsWire, May 15»
Bonterra Energy Corp. Announces Borrowing Base Increase …
Amounts borrowed under the credit facility bear interest at a floating rate based on the Canadian prime rate or Banker's Acceptance rate plus a ... «Marketwired, Apr 15»
Avigilon Announces New US$200 (CDN$250) Million Syndicated …
The Credit Facility has a three-year term and carries interest at Avigilon's option of either prime rate, U.S. base rate, banker's acceptance rate, ... «Stockhouse, Apr 15»
CHC Realty Capital Corp. Announces Property Acquisition and …
... Banker's Acceptance Rate plus 2.15% (currently 3.37%) per annum, maturing in three years from closing and payable with respect to interest ... «MarketWatch, Oct 14»
RBC prices its second NVCC sub-debt issue, raising $1B at 3.45 …
(After five years the rate converts for the next five years to the sum of three months Banker's Acceptance Rate plus 1.08%). Then, earlier this ... «Financial Post, Sep 14»
China's Economic Slump Complicates Beijing's Restructuring Plans
... Beijing reined in credit by tightening rules on trust products, undiscounted banker's acceptance bills and other shadow banking products, Mr. «Wall Street Journal, Sep 14»
What To Make Of China's Dismal Data
Banker's acceptance bills, another form of off-balance sheet financing, was also affected by the tightening and saw a record 416 billion yuan ... «Forbes, Aug 14»
Hawk Announces Western Saskatchewan Asset Acquisition and …
The New Facility bears interest at the at the bank's prime rate plus 0.5 percent to 1.0 percent, or at banker's acceptance rates plus a stamping ... «Canada NewsWire, Aug 14»
Bond investors lash out at RBC for 'abuse' of $1-billion NVCC debt …
... life — 150 basis points above comparable Canada bonds — then a floating rate based on three-months banker's acceptance rate plus 1.08% ... «Financial Post, Jul 14»
