FindLaw Legal Dictionary
The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.
term:
Trade Acceptance
-
trade acceptance n
-
: a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (as a bank)
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.