Sight: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
imported>Doug Williamson (Add sight deposits to definitions.) |
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1. | |||
An item that demands payment immediately, ‘at sight’. | An item that demands payment immediately, ‘at sight’. | ||
For example, a sight letter of credit is one which is payable immediately. | For example, a sight letter of credit is one which is payable immediately. | ||
2. | |||
An item entitled to immediate repayment, at the descretion of the beneficiary, for example a sight deposit. | |||
== See also == | == See also == | ||
* [[Deposit]] | |||
* [[Letter of credit]] | * [[Letter of credit]] | ||
* [[Sight deposits]] | * [[Sight deposits]] | ||
* [[Sight draft]] | * [[Sight draft]] | ||
* [[Time draft]] | * [[Time draft]] | ||
Revision as of 05:49, 9 August 2017
1.
An item that demands payment immediately, ‘at sight’.
For example, a sight letter of credit is one which is payable immediately.
2.
An item entitled to immediate repayment, at the descretion of the beneficiary, for example a sight deposit.
