Accepting House

Pronunciation: /əkˈsɛptɪŋ haʊs/

Definitions of accepting house

noun a financial institution that specializes in the acceptance and guarantee of bills of exchange

Example Sentences

A1 An accepting house is a financial institution that specializes in accepting bills of exchange.

A2 I learned about the concept of an accepting house in my introductory finance class.

B1 The accepting house agreed to handle the processing of all incoming invoices for the company.

B2 As a reputable accepting house, they have strict guidelines for the types of financial instruments they will accept.

C1 The accepting house played a crucial role in facilitating international trade transactions for the company.

C2 The accepting house's reputation for reliability and efficiency has made it a preferred choice for many businesses.

Examples of accepting house in a Sentence

formal The accepting house facilitated the transfer of funds between the two parties.

informal The accepting house helped with the money transfer.

slang The accepting house was the middleman for the cash exchange.

figurative The accepting house acted as the financial bridge for the transaction.

Grammatical Forms of accepting house

• past tense: accepted
• plural: accepting houses
• comparative: more accepting
• superlative: most accepting
• present tense: accept
• future tense: will accept
• perfect tense: have accepted
• continuous tense: is accepting
• singular: accepting house
• positive degree: accepting
• infinitive: to accept
• gerund: accepting
• participle: accepted

Origin and Evolution of accepting house

First Known Use: 1800 year

Language of Origin: English

Story behind the word: The term 'accepting house' originated in the United Kingdom during the 19th century.

Evolution of the word: Originally used to refer to financial institutions that accepted bills of exchange, the term 'accepting house' has evolved to encompass a broader range of financial services provided by banks and other financial institutions.