Draft

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Draft

An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer-ordering the importer or the importer's agent to pay, on demand (sight draft) or at a fixed future date (time draft) the amount specified on the face of the draft.

Draft

A document in which a payer agrees to make a payment in a certain amount to a payee from an account held with a third party, usually a bank. A common example is a check. There are two main types of draft: a sight draft must be paid by the third party on demand of the payee, while a time draft may only be paid at a stated time.

draft

A written order by one party for a second party to make payment to a third party. A check is an example of a draft drawn by a depositor (first party) on a financial institution (second party) and payable to an individual or organization (third party). See also overdraft, sight draft, time draft.
References in periodicals archive ?
By trying to be all things to all people, the drafter risks disappointing everyone.
Work crews have much better control over data and drafters are free to work on their drawings instead of retrieving maps from file drawers.
it's the engineer's job to provide the concepts while the drafter or designer produces the documentation.
220) One rule drafter noted this potential significance: "Presidential] signing statements may shape what agencies do, as reflective of the policy choice of the administration, but I don't view them as true legislative] history.
the agency rule drafters about the canons of construction, which are
To identify profiles and subprofiles using the number of macro TU categories, we assumed that there would be a predominance of Drafter profile and Non-Recursive subprofile in direct translation, since participants usually seek to achieve a "reliable task output, particularly at the end of drafting phase" (Alves & Goncalves, 2007, p.
The drafter of the partnership agreement prefers to draft targeted allocations in partnership agreements because it reduces malpractice risk.
They provide evidence of what drafters mean when they employ certain language.
The drafters will present the draft charter to the ASEAN foreign ministers during their annual meeting in Manila on Monday.
Rare book cataloging of machine-press books (Manon Theroux drafter, Beth Russell leader);
Labor categories include Project Manager, Analyst, Computer Systems Analyst, Management Analyst, Chemist, Acoustical Engineer, Computer Engineer, Design Engineer, Scientists, Training Specialist, Supervisory Technical Writer, Technical Writer, Laboratory Technician, Drafter, Illustrator and Word Processor.
McConnell, on the other hand, is the primary drafter of the influential legal brief adopted by the BSA as the basis of its argument before the high court.