trade acceptance Hear it!

trade acceptance definition

trade acceptance

a bill of exchange or draft drawn upon the purchaser by the seller and accepted by the purchaser for payment at a specified time

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.