Dictionary definition: Accepting Houses Committee

Dictionary definition: Accepting Houses Committee
A Dictionary of Business and Management;      269 words ...Accepting Houses Committee A committee representing the accepting houses in the City of London. Members of the committee are eligible for finer discounts on bills bought by the Bank of England, although this privilege has been extended to other banks.

Article: What's in a name: merchants, merchant bankers, accepting ...
Business History;  July 1, 1993 ;     700+ words ... ... amp; Co. Ltd since 1926 and chairman of the Accepting Houses Committee since 1946, commencing his presidential address ... alternative and overlapping terms -- 'merchants', 'accepting houses', 'issuing houses', 'industrial bankers ...

Dictionary definition: accepting house
A Dictionary of Economics;      290 words ... ... and its specialized knowledge of financial markets to avoid taking too many risks of accepting bills where it is actually going to have to honour its guarantee . The principal London accepting houses form the Accepting Houses Committee.

Article: Big Bang propelled the City into the firmament, but can it keep ...
The Independent on Sunday;  October 15, 2006 ;     700+ words ... ... that the top merchant banks, the members of the Accepting Houses Committee, would remain British and that their ownership ... seen by many as the most competent of the "accepting houses", would have survived. Maybe we were just not ...

Article: We think this euro is more like a groucho, but we'll make the ...
The Spectator;  January 24, 1998 ;     700+ words ... ... in good working order and has a style of its own. David Potter, its chairman, and I would re-form the Accepting Houses Committee, whose members were the City's innermost circle, their credit undoubted, their position independent ...

Article: The two banks in London and Paris have raised long-term ...
The Banker;  April 1, 1995 ;     700+ words ... ... understanding in London that the top merchant banks - which, at the start of the First World War, became the Accepting Houses Committee - were "undoubted" for their commitments. The Bank of England stood behind them. That is no longer true ...

Article: Review: IV Retreat -- Hill Samuel.
United Press International;  February 6, 2002 ;     700+ words ... ... closed end mutual fund) Philip Hill in 1946, bought a small merchant bank, Higginsons in 1950, joined the Accepting Houses Committee (the core "club" of merchant banks, whose bills were discounted at "best rates" by the Bank of England ...