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sight draft
 

Definitions from WordNet

Noun sight draft has 1 sense
  1. sight draft, sight bill - a draft payable on presentation
    --1 is a kind of draft, bill of exchange, order of payment

Definitions from the Web

Sight Draft

Noun: A type of financial instrument that requires immediate payment upon presentation.

Example Sentence: The exporter requested a sight draft from the importer as a means of securing payment for the goods.

Noun: A written order from a bank to pay a specified sum of money to the bearer upon demand.

Example Sentence: The business owner decided to issue a sight draft to settle the outstanding debts with their suppliers.

Related Products:

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