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 classic literature ?
She answered that her husband had come in about an hour since, and, finding her still sleepless, had himself administered the composing draught.
He bore a crystal goblet containing a liquor colorless as water, but bright enough to be the draught of immortality.
We were utterly perplexed, till suddenly it struck Good that when I had lit the match the draught of the passage blew the flame to the left.
Finally I gave him a draught, and he sank into uneasy slumber.
Nay, I beseech thee, sweeten the draught with thy lips
She opened the door, so as to make a draught of air in the room, and called for water.
I mixed for myself a strong sleeping draught, and sullenly took refuge from my troubles in bed.
This arranged, her ladyship was free to refresh herself with another dose of the red lavender draught, and to sleep the sleep of the just who close their eyes with the composing conviction that they have done their duty.
Nobody must see him; I've just given him his sleeping draught.
They were, moreover, in the present case, embittered with certain circumstances, which being mixed with sweeter ingredients, tended altogether to compose a draught that might be termed bitter-sweet; than which, as nothing can be more disagreeable to the palate, so nothing, in the metaphorical sense, can be so injurious to the mind.
All day long, nothing, save a draught of water, passed his lips; though he prosecuted his inquiries far and wide, and never so much as sat down, once.
The second night, being obliged to go to bed again without any food more than a draught of fresh water, and being asleep, I dreamed I was at Barbadoes, and that the market was mightily stocked with provisions; that I bought some for my mistress, and went and dined very heartily.