Banker's acceptances are financial assets sold by a company directly to investors,like bonds and common stock,but with very short maturity dates,while commercial paper is for self-liquidating inventories.

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Banker's acceptances are short-term promissory notes issued by banks on behalf of their customers to finance international trade transactions. On the other hand, commercial paper is a short-term debt instrument issued by a company to finance its short-term credit needs, such as accounts receivable and inventory. It is not specifically for self-liquidating inventories.

Banker's Acceptances Are Financial Assets Sold by a Company Directly