Definition of Acceptance of a bill of exchange. Meaning of Acceptance of a bill of exchange. Synonyms of Acceptance of a bill of exchange

Here you will find one or more explanations in English for the word Acceptance of a bill of exchange. Also in the bottom left of the page several parts of wikipedia pages related to the word Acceptance of a bill of exchange and, of course, Acceptance of a bill of exchange synonyms and on the right images related to the word Acceptance of a bill of exchange.

Definition of Acceptance of a bill of exchange

Acceptance of a bill of exchange
Note: In modern law, proposal and acceptance are the constituent elements into which all contracts are resolved. Acceptance of a bill of exchange, check, draft, or order, is an engagement to pay it according to the terms. This engagement is usually made by writing the word ``accepted' across the face of the bill. Acceptance of goods, under the statute of frauds, is an intelligent acceptance by a party knowing the nature of the transaction. 6. Meaning; acceptation. [Obs.] Acceptance of persons, partiality, favoritism. See under Accept.

Meaning of Acceptance of a bill of exchange from wikipedia

- instruments in a Bills of Exchange Act, e.g. Bills of Exchange Act 1882 in the UK, Bills of Exchange Act 1908 in New Zealand, Bills of Exchange Act 1909 in...
- accepted a bill of exchange issued by the seller and payable at a certain date in the ****ure (maturity date) ("Do****ents against Acceptance"). Do****entary...
- may hold the acceptance until maturity and receive the face value payment from the bank, or it may sell (exchange) the acceptance at a discount to another...
- arrangement the issuing company presents bills of exchange to the bank for acceptance, confirmation and sale at a discount to face value (representing the...
- countries, including treasury bills, commercial paper, banker's acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal...
- draws a bill of exchange on the buyer (drawee) and attaches it to the bill of lading. The idea is to secure acceptance of the bill of exchange by the...
- Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the...
- had been protested for non-acceptance. As to bills of exchange drawn in the United States payable in Europe, the custom of merchants in this country does...
- acres of public lands in exchange for accepting the Lecompton Constitution. The English Bill was introduced by William Hayden English (1822–1896), a Democratic...
- place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions. The Reserve Bank of India describes...
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