documents against acceptance

Definitions

Banking

  • noun an arrangement whereby buyers receive documents for the goods on their acceptance of a bill of exchange
  • noun a note to a bank to instruct it that documents attached to a draft should be given to the drawee when the draft is accepted

Business

  • acronymD/A

Slang

  • noun drug addict. An abbreviation used, generally facetiously, by drug users themselves in the mid- and late 1960s.
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