What is ACCEPTANCE OF A BILL OF EXCHANGE?

This occurs when a shipping firm takes temporary custody of a good promising safe delivery. Another term for this is acceptance of shipment.

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Related Legal Terms
BILL OF EXCHANGE, DOMESTIC BILL OF EXCHANGE, FOREIGN BILL OF EXCHANGE, QUALIFIED ACCEPTANCE, ACCEPTANCE OF SERVICE, ACCEPTANCE FINANCING, SPECIAL ACCEPTANCE, ACCEPTANCE FOR HONOR, ACCEPTANCE MARKET, ACCEPTANCE OF GOODS


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