Acceptance credit
id:
acceptance-credit-0-4282393
title:
Acceptance credit
text:
An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor, discounts them and agrees to pay for them when they mature. There are two types of acceptance credit, confirmed and unconfirmed. Unconfirmed acceptance credit means that the buyer takes the risk that payment will not be made, due to any nu
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Acceptance_credit
date created:
date modified:
2024-02-04T23:03:54Z
main entity:
{"identifier":"Q2142881","url":"https://www.wikidata.org/entity/Q2142881"}
image:
fields total:
13
integrity:
13