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 ?
Because the question asks whether any of these factors "matter to [the rule drafter's] assessment" of reliability of the legislative history, a response that the rule drafter does not know for all practical purposes means that those factors do not matter to the drafter's assessment.
This Part presents the relevant findings from a 195-question survey I conducted of 128 agency rule drafters at seven executive departments and two independent agencies.
findings of a 195-question survey of agency rule drafters that covers a
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.
Leslie and Benjamin Griffin drafters, Brian Hillyard leader);
In effect, the drafter must provide the services that legal professionals typically provide: finding the relevant provisions, translating them into comprehensible language, explaining them, and personalizing them.
Other features, such as windowing and multi-tasking were critical since Brooklyn Union did not want to restrict its drafters to viewing only one map at a time or being unable to continue working when the system was processing updates to another map.
This process required a lot of interpretation on the part of the drafters," said Johnson.
If this is not an acceptable match, the computer would exit the tree node for Drafter and traverse up one level to the right and enter the tree node containing information for Electronic Technician.
Computer-aided design (CAD) joins the power of the computer with the creativity and skills of the engineer, architect, designer, and drafter.
This book guides the drafter in meeting all the requirements that the Federal Circuit has set out for patent validity.