- sight draft
- Any bill of exchange that is payable on sight, i. e. on presentation, irrespective of when it was drawn.
Big dictionary of business and management. 2014.
sight draft
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sight draft — see draft Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sight draft … Law dictionary
Sight draft — Sight Sight (s[imac]t), n. [OE. sight, si[thorn]t, siht, AS. siht, gesiht, gesih[eth], gesieh[eth], gesyh[eth]; akin to D. gezicht, G. sicht, gesicht, Dan. sigte, Sw. sigt, from the root of E. see. See {See}, v. t.] 1. The act of seeing;… … The Collaborative International Dictionary of English
sight 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 … Useful english dictionary
sight 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.… … Black's law dictionary
sight 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… … Financial and business terms
Sight 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) … Financial and business terms
sight 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… … Ballentine's law dictionary
sight draft — a draft payable upon presentation. [1840 50, Amer.] * * * … Universalium
sight draft — See: documentary draft … Accounting dictionary
sight draft — / saɪt drɑ:ft/ noun a bill of exchange which is payable when it is presented … Marketing dictionary in english
