CEP

Similar financial terms

Trade acceptance
Written demand that has been accepted by an industrial company to pay a given sum at a future date.

Matching concept
The accounting principle that requires the recognition of all costs that are associated with the generation of the revenue reported in the income statement.

Acceptable Quality Level (AQL)
Maximum number of defects per 100 pieces that are allowable.

Banker's acceptance
A short-term credit investment created by a non-financial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts from face value in the secondary market. These instruments have been a popular investment for money market funds. They are commonly used in international transactions.

Acceptor
The party to whom a bill of exchange is addressed, and who accepts primary liability to pay, upon expiry, the face value of the bill to its holder.