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Banker's acceptance A draft or bill of exchange accepted by a bank where the accepting institution guarantees payment. Used extensively in foreign trade transactions. Letters of Credit and Bankers' Acceptances 1988 See Details » American bankers acceptances and foreign trade See Details » Address by Mr. Fred I. Kent,: Director, Bankers Trust Company, New York, at the eleventh annual dinner of the American Acceptance Council, November 11th, 1929, New York See Details » Guide to bankers' acceptance financing See Details » Bankers acceptances as an investment See Details » Bank International

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