Series 65: Banker’s Acceptances

Taken from our Series 65 Online Guide

Banker’s Acceptances

A banker’s acceptance is a short-term credit instrument issued by a business for the purchase or sale of goods, usually in an international market. For example, imagine that a U.S. importer would like to purchase a large amount of machines from Japan. The Japanese manufacturer may be relu

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Series 65: Banker’s Acceptances

Taken from our Series 65 Online Guide

Banker’s Acceptances

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