What is another word for ACCOMMODATION BILL?

Pronunciation: [ɐkˌɒmədˈe͡ɪʃən bˈɪl] (IPA)

Synonyms for the term "accommodation bill" include "acceptance bill," "trade acceptance," and "time draft." These financial instruments are used to facilitate transactions between businesses and are typically issued by suppliers to their customers. An accommodation bill represents a promise to pay a stated amount at a future date and is commonly used in international trade. By agreeing to an accommodation bill, the buyer obtains an extension on payment, while the seller receives a form of financing and security. Other synonyms for accommodation bill may include "banker's acceptance," "draft bill," or "commercial paper." Regardless of the terminology, these financial tools serve a vital role in facilitating commerce and promoting economic growth.

What are the hypernyms for Accommodation bill?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

Chases sign
The term "Chases sign" refers to a linguistic phenomenon known as synonymy, wherein multiple words or phrases are used interchangeably to convey a similar meaning. Synonyms for "Ch...