 A banker's acceptance within the meaning of this regulation is defined as a draft or bill of exchange, whether payable in the United States or abroad and whether payable in dollars or some other money, of which the acceptor is a bank or trust company,...  Outlines of American Foreign Commerce - Page 201by Avard Longley Bishop - 1923 - 321 pagesFull view - About this book
 | 1928 - 984 pages
...whether payable in the United States or abroad and whether payable in dollars or some other money, of which the acceptor is a bank or trust company, or a firm, person, company, or corporation engaged generally in the business of granting bankers' acceptance credits. SECTION XI. — Eligibility Л Federal... | |
 | 1916 - 850 pages
...Bankers' acceptances. (a) Definition. — A bankers' acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor Is a bank...business of granting bankers' acceptance credits. (6) Eligibility. — To be eligible for purchase the bill, which must have a maturity at time of purchase... | |
 | Board of Governors of the Federal Reserve System (U.S.) - 1917 - 534 pages
...Bankers' acceptances. (a) Definition. — A bankers' acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits. (6) Eligibility. — To be eligible for purchase the bill, which must have a maturity at time of purchase... | |
 | Hubert Howe Bancroft - 1917 - 708 pages
...a bankers' acceptance, as follows : "A bankers' acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits." In other words, the buyer of the merchandise arranges with a bank or other party to "accept," thus... | |
 | Willis Seaver Paine - 1917 - 452 pages
...Bankers' acceptances (a) Definition. — A bankers' acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits. (6) Eligibility. — To be eligible for purchase the bill, which must have a maturity at time of purchase... | |
 | Guaranty Trust Company of New York - 1917 - 36 pages
...demand. Bank Acceptances Definition A banker's acceptance is defined by a Federal Reserve Regulation as "a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits." How Acceptance Credit Is Extended In other words, a bank acceptance consists of the extension of the... | |
 | National Bank of Commerce in New York - 1917 - 72 pages
...readily marketable, non-perishable staples properly insured. Bankers' Acceptance — is a draft or bill of exchange of which the acceptor is a bank or...business of granting bankers' acceptance credits. General Regulations Covering Rediscounts by Federal Reserve Banks. (Circular No. 2, Federal Reaerve... | |
 | Eugene Ewald Agger - 1918 - 406 pages
...Bankers' acceptances (a) Definition. — A banker's acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits. (b) Eligibility. — To be eligible for purchase, the bill which must have a maturity at time of purchase... | |
 | Board of Governors of the Federal Reserve System (U.S.) - 1918 - 724 pages
...Bankers' Acceptances. (a) Definition. — A banker's acceptance, within the meaning of this regulation, is a bill of exchange of which the acceptor is a bank...business of granting bankers' acceptance credits. (ft) Eligibility. — To be eligible for purchase, the bill which must have a maturity at time of purchase... | |
 | National Bank of Commerce in New York - 1918 - 140 pages
..."bank acceptance." The Federal Reserve Board has defined a bank acceptance as "a draft or Definition, bill of exchange of which the acceptor is a bank or...business of granting bankers' acceptance credits." • preeminent place among credit instruments and offer a means of investment in which the credit risk... | |
| |
