Sight

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Revision as of 05:49, 9 August 2017 by imported>Doug Williamson (Add sight deposits to definitions.)
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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.


See also

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