demand draft
1Demand draft — A demand draft A demand draft, also known as a remotely created check, a tele check, or check by phone, check by fax or echeck, is a check created by a merchant with a buyer s checking account number on it, but without the buyer s original… …
2Demand Draft — A method used by individuals to make transfer payments from one bank account to another. Demand drafts are marketed as a relatively secure method for cashing checks. The major difference between demand drafts and normal checks is that demand… …
3demand draft — Synonyms and related words: CD, IOU, MO, acceptance, acceptance bill, bank acceptance, bank check, bill, bill of draft, bill of exchange, blank check, certificate, certificate of deposit, certified check, check, checkbook, cheque, commercial… …
4demand draft — /dɪ mɑ:nd drɑ:ft/ noun a draft which is to be paid immediately …
5demand draft — noun see demand bill …
6draft — Synonyms and related words: CD, IOU, MO, abbreviation, abbreviature, abrege, abridgment, abstract, acceptance, acceptance bill, adumbrate, air current, arrangement, article, attraction, autograph, bag, bang, bank acceptance, bank check, beverage …
7demand — I v. To claim as one s due; to require; to ask relief. To summon; to call in court II n. The assertion of a legal right; a legal obligation asserted in the courts. An imperative request preferred by one person to another, under a claim of right,… …
8demand — I v. To claim as one s due; to require; to ask relief. To summon; to call in court II n. The assertion of a legal right; a legal obligation asserted in the courts. An imperative request preferred by one person to another, under a claim of right,… …
9demand bill — noun or demand draft : sight draft * * * a bill payable upon presentation. * * * demand bill, a bill of exchange payable on demand …
10demand note — A promissory note that calls for principal to be payable on demand. In recent years, courts have significantly restricted the circumstances under which a bank could make and enforce a demand for repayment under a demand note. American Banker… …
