trade acceptance
Word Rarity
Uncommon
Frequency: Zipf frequency 4.11 in modern English
24
Scrabble Score
15
Letters
3
Syllables
8
Unique Chars
Meaning
noun
A negotiable instrument in the course of international trade similar to a Banker's Acceptance (BA) except it is drawn on and accepted by a buyer/importer (as opposed to a bank). May be sold to a bank or investor at a discount becoming a marketable money-market instrument.