demand (sight) draft (bill)
1Sight draft — Demand for immediate payment. The New York Times Financial Glossary * * * ► See Bill of Exchange. * * * sight draft UK US noun [C] FINANCE ► DEMAND NOTE(Cf. ↑demand note) …
2sight draft — An instrument payable on proper presentment (i.e. payable on demand). U.C.C. No. 3 108. A bill of exchange for the immediate collection of money. United Ben. Fire Ins. Co. v. First Nat. Bank of Ariz., Phoenix, 1 Ariz.App. 550, 405 P.2d 488, 490.… …
3sight draft — noun a draft payable on presentation • Syn: ↑sight bill • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun : a draft payable on presentation * * * a draft payable upon presentation. [1840 50, Amer …
4sight draft — A draft that is payable upon presentation to the drawee. American Banker Glossary Demand for immediate payment. Bloomberg Financial Dictionary * * * ► See Bill of Exchange. * * * sight draft UK US noun [C] FINANCE ► DEMAND NOTE(Cf. ↑demand… …
5sight draft — A bill of exchange or draft payable upon presentation to the drawee. The equivalent of a check payable upon demand. Mt. Vernon Nat. Bank v Canby State Bank, 129 Or 36, 276 P2d 262, 63 ALR 1133. A draft payable at or after sight can never become… …
6draft — A written order drawn by one party, called a drawer, that directs a second party (almost always a bank), called a drawee, to pay a sum of money to a third party, called the payee. For example, a check. Drafts are used with letters of credit.… …
7Draft — An unconventional order in writing signed by a person, usually the exporter, and addressed to the importer ordering the importer or the importer s agent to pay, on demand ( sight draft) or at a fixed future date ( time draft), the amount… …
8draft — 1 n 1: a preliminary version of something (as a law) 2 a: a system for or act of selecting individuals from a group (as for military service) b: the act or process of selecting an individual (as for political candidacy) without his or her… …
9bill of exchange — see bill 7 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bill of exchange …
10draft — 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 …
