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  2. Acceptance credit - Wikipedia

    en.wikipedia.org/wiki/Acceptance_Credit

    Acceptance credit. An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor, discounts them and agrees to pay for them when they mature.

  3. Banker's acceptance - Wikipedia

    en.wikipedia.org/wiki/Banker's_acceptance

    Financial markets. A banker's acceptance is a commitment by a bank to make a requested future payment. The request will typically specify the payee, the amount, and the date on which it is eligible for payment. After acceptance, the request becomes an unconditional liability of the bank. Banker's acceptances are distinguished from ordinary time ...

  4. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    That is to say, a letter of credit is a payment method used to discharge the legal obligations for payment from the buyer to the seller, by having a bank pay the seller directly. Thus, the seller relies on the credit risk of the bank, rather than the buyer, to receive payment.

  5. Boston University Academy - Wikipedia

    en.wikipedia.org/wiki/Boston_University_Academy

    Boston University Academy (BUA) is a private high school operated by Boston University. Founded in 1993 and located on the Boston University campus, the academy is geared toward college preparatory work. As part of its integration with the university, students are able to take college courses for credit their junior and senior years.

  6. Credit Acceptance - Wikipedia

    en.wikipedia.org/wiki/Credit_Acceptance

    creditacceptance.com. Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program ...

  7. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    With a guaranteed mortgage, the third party guarantees, or agrees to be responsible for, some or all of the loan if the borrower defaults. The guarantor might extend the guarantee to all or a ...

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