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trade acceptance vs bill of exchange

bill of exchange vs trade acceptance

trade acceptance and bill of exchange both are nouns.

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

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