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Trading Terms

Sight a bill

In finance, the process of issuing a bill at a specified time after it is seen by the drawee and securing their approval is known as acceptance. This involves indicating the exact date on which the bill was presented for review. This practice is commonly used in financial transactions and is an important aspect of understanding the bill of exchange. It is essential to be well-versed in these terms in order to navigate the world of finance effectively.
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