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banker's acceptance vs bill of exchange

bill of exchange vs banker's acceptance

banker's acceptance and bill of exchange both are nouns.

Word NounAdjectiveVerbAdverb
banker's acceptance Yes No No No
bill of exchange Yes No No No
As nouns, bill of exchange is a hypernym of banker's acceptance; that is, bill of exchange is a word with a broader meaning than banker's acceptance:
  • banker's acceptance: a time draft drawn on and accepted by a bank
  • bill of exchange: a document ordering the payment of money; drawn by one person or bank on another
Other hypernyms of banker's acceptance include draft, order of payment.
banker's acceptance (noun) bill of exchange (noun)
a time draft drawn on and accepted by a bank a document ordering the payment of money; drawn by one person or bank on another
Difference between banker's acceptance and bill of exchange

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