Draft: Difference between revisions
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imported>Doug Williamson m (Spacing) |
imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
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* [[Payable through draft ]] | * [[Payable through draft ]] | ||
* [[Trade acceptance]] | * [[Trade acceptance]] | ||
[[Category:Bank_Lending]] | |||
[[Category:Trade_Finance]] | |||
[[Category:Short-Term_Liquidity]] | |||
Revision as of 20:01, 17 August 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).
