documents against acceptance (D/A)
Definition
Arrangement under documentary collection in which an exporter instructs the presenting bank to hand over shipping and title documents (see document of title) to the importer only if the importer accepts the accompanying bill of exchange or draft by signing it.
Popular 'Banking, Commerce & Finance' Terms
documents against acceptance (D/A) in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/documents-against-acceptance-D-A.html







