Dr and Draft: Difference between pages

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''Book-keeping''.
''Documentation.''


Debit.  
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).


Also written DR.


== See also ==
* [[Bank draft]]
* [[Banker's acceptance]]
* [[Cheque]]
* [[Documentary collection]]
* [[Payable through draft ]]
* [[Trade acceptance]]


== See also ==
[[Category:Long_term_funding]]
* [[Cr]]
[[Category:Trade_finance]]
* [[Debit]]
[[Category:Liquidity_management]]

Revision as of 09:20, 22 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