The Banker's Acceptance: An Examination and Analysis of the Instrument and Market
Description:
The purpose of this dissertation is to examine and analyze the banker's acceptance and the bankers' acceptance market. A banker's acceptance is a money market instrument used to finance the export, import, movement, and storage of goods; it begins as a trade draft, and it is termed accepted when a commercial bank guarantees payment. The banker's acceptance represents an historical evolution of the medieval bill of exchange. The banker's acceptance as we know it today first appeared in England i…
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Date:
May 1980
Creator:
Wilson, Hoyet W.
Partner:
UNT Libraries