ACCEPTANCE is a drawees promise to pay either a TIME DRAFT or SIGHT DRAFT. Normally, the acceptor signs his/her name after writing "accepted" (or some other words indicating acceptance) on the bill along with the date. That "acceptance" effectively makes the bill a promissory note, i.e. the acceptor is the maker and the drawer is the endorser.
JOINT VENTURES & INVESTMENTS is the total of investments and equity in joint ventures.
LARI is a currency of Georgia.
Enter a term, then click the entry you would like to view.