Difference between revisions of "Acceptance (shipping)"
Jump to navigation
Jump to search
DavidB4-bot (talk | contribs) (→top: clean up & uniformity) |
|||
| Line 1: | Line 1: | ||
'''Acceptance''' refers to either: | '''Acceptance''' refers to either: | ||
*a [[time draft]] (or bill of exchange) that the payer has accepted and is unconditionally obligated to pay at maturity | *a [[time draft]] (or bill of exchange) that the payer has accepted and is unconditionally obligated to pay at maturity | ||
| − | * any agreement to purchase [[goods]] under specified terms.<ref> | + | * any agreement to purchase [[goods]] under specified terms.<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping Terms]] | [[Category:Shipping Terms]] | ||
Latest revision as of 00:55, July 13, 2016
Acceptance refers to either:
- a time draft (or bill of exchange) that the payer has accepted and is unconditionally obligated to pay at maturity
- any agreement to purchase goods under specified terms.[1]