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bill of exchange vs banker's acceptance

banker's acceptance vs bill of exchange

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

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

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