| 单词 | accepting house |
| 释义 | accepting house A financial firm that is willing to accept bill of exchange, that is, to guarantee that they will be paid on the due date. An accepting house uses its financial reputation to earn a fee for acceptance, and its specialized knowledge of financial markets to avoid taking too many risks of accepting bills where it is actually going to have to honour its guarantee. The principal London accepting houses form the Accepting Houses Committee. |
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