accepting house
noun[C]
ukus(alsoacceptance house);(alsoacceptance bank)BANKING
one of severallargebanksin London in the past thatreceivedbillsofexchange(= writtenorderstopaysomeone aparticularsumofmoney)
Examplesofaccepting house
accepting house
If the third party issuing the bill would default, theacceptinghousewould pay the bill itself.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The termacceptinghousewas more of an indication of status rather than function.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.He is not connected with anacceptinghouse.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Here was a committee which had noacceptinghouseon it at all.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There was only oneacceptinghouseon that committee.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The third is: "by opening an acceptance credit with a bank oracceptinghouse".
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
If you had the chance of being a customer of a good bank, you would be proud if you were a customer of anacceptinghouse.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Or again, there was thatacceptinghousewhich found itself very severely troubled as a consequence of the crash within the secondary bank and property markets.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
This resulted in the adoption of a perverse policy that those having achieved the highest recognition (like the clearing banks or the accepting houses) received the closest attention.
From theCambridge English Corpus
In such a case the embarrassment caused by this artificial drain of the gold reserve would much more than offset the amount of the commission earned by the accepting houses.
FromProject Gutenberg
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.