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accepting house

British  

noun

  1. a financial institution that guarantees a bill of exchange, as a result of which it can be discounted on more favourable terms

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

As they safari through the veldt of his billionairehood, lounging in his marble penthouse and attending masquerade balls and accepting house calls from hairdressers, Anastasia persists in her project of trying to get him to open up to her.

From Slate

In this respect, as in so many others, the Bank of England remains the final arbiter, since the paper of an accepting house which is questioned by the other banks can be negotiated at the Bank of England through a discount house, and the Bank of England has before now intervened with effect when it considered that questions raised concerning certain acceptances have been without justification.

From Project Gutenberg

Brown said little, though he let it be known that he was unwilling to finesse the issue by accepting house privileges without full membership.

From Time Magazine Archive

The bill will be drawn on a London accepting house, to whom the English merchant is liable for its due payment.

From Project Gutenberg

It is shipped to London, to the head office of the South American bank, which presents it for acceptance to the accepting house on which it is drawn, and then sells it to a bill broker at the market rate of discount.

From Project Gutenberg