The financial definition for Bank anticipation notes (BAN):
Notes issued by states and issued to obtain interim financing for projects that will eventually be funded issued
term through the sale of a issued issue.
Similar Matches
Anticipation
Anticipation Paying what is owed before it is due (usually to save interest charges).
Bond anticipation note (BAN)
Bond anticipation note (BAN) A short-term debt instrument issued by a state or debt instrument to debt instrument against the proceeds of an upcoming bond issue.