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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebTrade AcceptanceDescription:A trade acceptance is a written instrument that signifies the acceptance of a draft or bill of exchange by the party on whom it is drawn. It is commonly used in commercial transactions as a legally binding agreement by the buyer to pay a specified amount to the seller. Senses:Sense 1:Noun: A financial instrument representing the acceptance of a draft or bill of exchange in a commercial transaction. Related Products: Trade Acceptance Forms, Trade Finance Sense 2:Noun: The act of accepting or acknowledging a trade offer or trade agreement. Related Products: Trade Negotiation, International Trade Sense 3:Noun: The consensus or approval of an industry, community, or group regarding the adoption or support of a particular trade or commercial practice. Related Products: Trade Standards, Trade Associations Sample Sentences:1. The buyer signed the trade acceptance, confirming the agreement to pay the seller. 2. The bank required a trade acceptance before issuing a letter of credit. 3. The trade acceptance was promptly returned to the seller, indicating the buyer's acceptance of the draft. 4. The industry trade acceptance of sustainable practices led to the implementation of eco-friendly manufacturing processes. 5. The company gained credibility by obtaining trade acceptances from multiple reputable suppliers. | ||||
trade-down trade-in trade-last trade-liberalizing trade-name trade-off trade-up trade trade acceptance trade balance trade barrier trade bill trade book trade cycle trade deficit trade discount trade edition
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