Exchange Currency

sight draft

A draft which is payable on demand.

Related information about sight draft:
  1. sight draft - definition of sight draft by the Free Online Dictionary ...
    A draft or bill that is payable on demand or upon presentation. Also called demand draft. ThesaurusLegend: Synonyms Related Words Antonyms. Noun, 1. sight ...
     
  2. Sight Draft - Financial Dictionary - The Free Dictionary
    A check or other draft that is payable to the payee when the payee presents the draft to the appropriate party. It contrasts with a time draft, which is not payable ...
     
  3. sight draft - Legal Dictionary - The Free Dictionary
    A Commercial Paper that is payable upon presentment. When a draft or bill of exchange is payable at sight, money may be immediately collected upon ...
     
  4. Bankers' acceptance - Wikipedia, the free encyclopedia
    When a draft promises immediate payment to the holder of the draft, it is called a sight draft. Cheques written on demand deposits are examples of sight drafts.
     
  5. What Is a Sight Draft?
    A sight draft is a financial instrument that's payable on demand. This is in contrast to a time draft, in which an instrument...
     
  6. sight draft: Definition from Answers.com
    sight draft n. ( Abbr. SD ) A draft or bill that is payable on demand or upon presentation. Also called demand draft .
     
  7. Sight Draft Definition | Investopedia
    A type of bill of exchange, in which the exporter holds the title to the transported goods until the importer receives and pays for them. Sight drafts are used with ...
     
  8. Letters of Credit - Sight Drafts, Time Drafts - Yahoo! Voices - voices ...
    Sep 1, 2010 ... This is why a sight draft is the best method as the title of the goods being ... A sight draft must be used by the exporter if he feels any risk of ...