What is another word for trade acceptance?
Pronunciation: [tɹˈe͡ɪd ɐksˈɛptəns] (IPA) 
Trade acceptance is a commonly used term in the business world, but it is not the only phrase used to indicate the same concept. Synonyms for trade acceptance include accepted trade bill, acceptance credit, accepted draft, trade credit, and promissory note. Each of these phrases references the legal agreement between two parties in which one party agrees to pay the other a specified amount by a certain date. It is important for business owners and professionals to be familiar with these terms when engaging in financial transactions to ensure they have a full understanding of the agreements they are entering into.
