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ABIBLO FINANCE 

Abiblo Economics - Acceptance

5/13/2020

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​Acceptance
Acceptance is when the signature of someone is added to a bill of exchange. Thus it means that you accept the liability to pay the bill at maturity when the original signatory default in payment.
 
The acceptor is taking the risk and makes a charge for this. 
 
Acceptance of bill of exchange by a credible financial institution such as merchant bank, makes it the bill safer to hold and easier to sell. 
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  • Home
  • ABIBLO FINANCE
    • ABIBLO FINANCE - CREDIT REPAIR
  • ABIBLO LANGUAGES
  • ABIBLO ENGINEERING
  • ABIBLO COMPUTER SCIENCE
  • ABIBLO HEALTH
    • ABIBLO DIFFERENTIAL DIAGNOSIS
    • ABIBLO MEDICAL PATHOLOGY
  • ABIBLO CULINARY
  • ABIBLO LAW
    • Equity and Trust
    • Company
    • Company (2)
    • Evidence
    • Evidence (1)
    • EU Law >
      • Preliminary Ruling Procedure
    • ABIBLO FINANCE
    • Property
    • Property(2)
  • ABIBLO AMAZING FACTS
  • ABIBLO MATHEMATICS
  • ABIBLO CATS
  • ABIBLO TRAVEL
  • ABIBLO ALTERNATIVE MEDICINE