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单词 accepting house
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accepting house
accepting house n. a financial institution, now usually a merchant bank, that accepts bills of exchange; cf. acceptance n. Compounds 1.
ΚΠ
1841 N.Y. Herald 5 Apr. All the bills drawn by the Bank received, had been accepted, and the result was an injury to the credit of the accepting houses.
1919 R. G. Hawtrey Currency & Credit vii. 105 Accepting houses authorise merchants to draw bills, on condition that the necessary funds are provided to meet the bills when due.
1991 M. Pawlet et al. UK Financial Inst. & Markets (BNC) 153 The money dealing departments of commercial and eligible banks and Accepting Houses.
extracted from acceptingn.
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更新时间:2024/9/20 14:48:02