banker’s acceptances
banker’s acceptances
Finance dictionary of financial terms
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Economics and finance
Definition of banker’s acceptances
banker’s acceptances: Short-term, low-risk marketable securities arising from bank guarantees of business transactions, are sold by banks at a discount from their maturity value and provide yields slightly below those on negotiable CDs and commercial paper, but higher than those on Government of Canada treasury bills.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of banker’s acceptances
Meaning of banker’s acceptances
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