See Also: Sedan, Battle of(encyclopedia)
Trade acceptance(finance)
Trade Acceptance(money)
Insured trade acceptance(finance)
Insured Trade Acceptance(money)
Transaction Insured Trade Acceptance Locator (TITAL)(finance)
Transaction Insured Trade Acceptance Locator (TITAL)(money)
sedan(dictionary)
sedan(dictionary)
sedan chair(dictionary)

Sedan, Battle of (sh) and Trade acceptance (finance)


Sedan, Battle of (sh)




(Sept. 1, 1870) Defeat of the French army in the Franco-Prussian War that led to the fall of the Second Empire.

At the French border fortress of Sedan on the Meuse River, 120,000 French troops under Maurice, count de Mac-Mahon, were attacked by more than 200,000 German troops under Helmuth von Moltke. After Mac-Mahon was wounded, the confused French command tried unsuccessfully to break through the encircling German lines with massive cavalry charges. Emperor Napoleon III, who had accompanied Mac-Mahon, realized the French position was hopeless and surrendered with 83,000 troops.


Trade acceptance (finance)


Written demand that has been accepted by an industrial company to pay a given sum at a future date.