sight draft

noun
a draft payable upon presentation.
Also called demand draft.


Origin:
1840–50, Americanism

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To sight draft
Collins
World English Dictionary
sight bill or sight draft
 
n
variants of demand bill
 
sight draft or sight draft
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
If payment is made with a draft, it must be a sight draft.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature