Series 65: Banker's Acceptance (BA)

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Banker's Acceptance (BA)...

a short-term credit instrument issued by a business for the purchase or sale of goods, drawn on and guaranteed by a bank.

Since you're reading about Series 65: Banker's Acceptance (BA), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!