Draft: Difference between revisions

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imported>Doug Williamson
m (Spacing)
imported>P.F.cowdell@shu.ac.uk
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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).

See also