A draft which is payable on demand.
Related information about sight draft:
- sight draft - definition of sight draft by the Free Online Dictionary ...
A draft or bill that is payable on demand or upon presentation. Also called demand draft. ThesaurusLegend: Synonyms Related Words Antonyms. Noun, 1. sight ...
- Sight Draft - Financial Dictionary - The Free Dictionary
A check or other draft that is payable to the payee when the payee presents the draft to the appropriate party. It contrasts with a time draft, which is not payable ...
- sight draft - Legal Dictionary - The Free Dictionary
A Commercial Paper that is payable upon presentment. When a draft or bill of exchange is payable at sight, money may be immediately collected upon ...
- Bankers' acceptance - Wikipedia, the free encyclopedia
When a draft promises immediate payment to the holder of the draft, it is called a sight draft. Cheques written on demand deposits are examples of sight drafts.
- What Is a Sight Draft?
A sight draft is a financial instrument that's payable on demand. This is in contrast to a time draft, in which an instrument...
- sight draft: Definition from Answers.com
sight draft n. ( Abbr. SD ) A draft or bill that is payable on demand or upon presentation. Also called demand draft .
- Sight Draft Definition | Investopedia
A type of bill of exchange, in which the exporter holds the title to the transported goods until the importer receives and pays for them. Sight drafts are used with ...
- Letters of Credit - Sight Drafts, Time Drafts - Yahoo! Voices - voices ...
Sep 1, 2010 ... This is why a sight draft is the best method as the title of the goods being ... A sight draft must be used by the exporter if he feels any risk of ...