See Also: Tight money or dear money(finance)
Draft(law)
Draft(money)
draft(2)(dictionary)
draft(1)(dictionary)
draft(medicine)
Draft(finance)
DNA sequence, draft(health)
Trade draft(finance)
draft dodger(dictionary)

Draft (money)


Definition: Instrument signed by a drawer to a drawee requesting payment at a future time to a third party.

Definition: [crh] An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer-ordering the importer or the importer's Definition: agent to pay, on demand (sight draft) or at a fixed future date (time draft) the amount specified on the face of the draft.