. Dealers will buy it in the domestic market. . The draft becomes a banker’s acceptance and will be sold in the money market. 相关知识点: 试题来源: 解析 1、C2、A3、D4、B5、D 1、文中第一句话明确指出Bankers’ acceptances often arise in foreign trade, arise起因于,give rise to...
Bankers Acceptance (BA) is a short-term money market instrument that comes in handy in international trade. It helps to eliminate the payment risk in the case; the supplier and buyer do not know each other and belong to different countries. Basically, it is a time draft that a business ca...
bank·ers' acceptance orbank·er's acceptance(băng′kərz) n.Abbr.BA A draft or bill of exchange drawn upon and accepted by a bank and due on a specified date, often traded in money markets. Also calledbank acceptance. American Heritage® Dictionary of the English Language, Fifth Ed...
In international trade, the term “banker’s acceptance” refers to a short-term money market instrument that helps eliminate the payment risk, especially when the supplier and the buyer belong to different countries and don’t know each other that well. Basically, it is a type of time draft...
BANKER'S ACCEPTANCE (BA) is a money market instrument that is issued in discounted form. A banker's acceptance is created when a bank accepts responsibility for payment of business debt by signing a letter of credit. Banker's acceptances are sold to acceptance dealers and may be resold to ...
A bankers’ acceptance (“BA”) is essentially a negotiable financial instrument used to raise short term funds in the money market. It is a common form of short term borrowing at a fixed rate in Canadian credit facilities.How A BA Works ...
A banker's acceptance (BA) is like a post-dated check but a bank rather than an account holder guarantees payment. BAs are sold at a discount in money markets.
If the bank is well known and enjoys a good reputation, the accepted draft may be readily sold in an active market. A banker's acceptance is also a money market instrument – a short-term discount instrument that usually arises in the course of international trade. 展开 ...
These procedures might incur a large amount of money that we don’t have on hand. Luckily, health insurance exists. It’s always a good thing to stay proactive and invest in important things like health insurance. However, health insurance doesn’t cover the entirety of medical costs. In a...
Truly the Jewish question is more critical for us nowadays than ever before, I don´t have a definitive solution for our dilemma, but I would say the path we should take is one of non compliance with the fiat money financial system, and non acceptance of political correctness. If one...