accepted draft
Definition
Bill of exchange accepted by the named drawee by putting his or her signature under the words “accepted” written on the bill's face, thus committing to pay it according to its terms (tenor).
accepted draft is in the Banking, Commerce & Finance and International Trade & Relations subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/accepted-draft.html
email to a friend print this definition cite this definition