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Eligible bankers' acceptances

• In the BA market, an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.

• In the BA market an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.

 
 Embedded terms in definition
 Collateral
Discount window
Discount
Fed
Market
Reserve
Sell
Without

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