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imported>Doug Williamson m (Spacing) |
imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
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A written order from one party (the drawer) to another (the drawee) to pay a party identified on the order (payee) or the bearer a specified sum, either on demand (sight draft) or on a specified date (time draft). | A written order from one party (the drawer) to another (the drawee) to pay a party identified on the order (payee) or the bearer a specified sum, either on demand (sight draft) or on a specified date (time draft). | ||
== See also == | == See also == | ||
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* [[Payable through draft ]] | * [[Payable through draft ]] | ||
* [[Trade acceptance]] | * [[Trade acceptance]] | ||
* [[Payments and payment systems]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Liquidity_management]] | |||
[[Category:Trade_finance]] | |||
Latest revision as of 16:16, 29 November 2014
Documentation.
A written order from one party (the drawer) to another (the drawee) to pay a party identified on the order (payee) or the bearer a specified sum, either on demand (sight draft) or on a specified date (time draft).
