acceptance house

noun

variants or accepting house

: a banking institution in England specializing in financing foreign trade by allowing the use of its name as drawee on bills of exchange and by frequently acting also as fiscal agent and financial adviser (as for foreign nations or municipalities) compare merchant banker

Word History

First Known Use

1846, in the meaning defined above

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

• More than 250,000 words that aren't in our free dictionary
• Expanded definitions, etymologies, and usage notes
• Advanced search features
• Ad free!