acceptance fee
Definition
Amount charged by an accepting bank (or an accepting house) for taking on the legal obligation of paying a bill of exchange on its maturity date, whether the importer pays it or not.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
acceptance fee in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/acceptance-fee.html
