After Sight - Law Dictionary Search Results

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After sight

After sight, the expression 'after sight' means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or noting for non-acceptance, or protest for non-acceptance. (Negotiable Instruments Act, 1881, s. 21)...

Presetment of Bill of Exchange, Cheque, or Pro-missory Note

Presetment of Bill of Exchange, Cheque, or Pro-missory Note, the presenting of a bill by the holder to the drawee for acceptance, or to the acceptor or an indorser for payment of, a cheque to the banker for payment, and of a note to the maker or indorser for payment.The law on this subject is regulated by the (English) Bills of Exchange Act, 1882, as follows:-Presentment of Bill for Acceptance.--Presentment is necessary if the bill be payable after sight or if it be expressly stipulated for by the bill, or if it be drawn payable elsewhere than at the residence or place of business of the drawee, but in no other case (s. 39). When a bill payable after sight is negotiated, the holder must either present or negotiate it within a reasonable time (s. 40).'The presentment must be made by or on behalf of the holder to the drawee or to some person authorized to accept or refuse acceptance on his behalf at a reasonable hour on a business day and before the bill is overdue.' Presentment must be ...

Bill of sight

Bill of sight, When a merchant is ignorant of the real quantities or qualities of any goods assigned to him, so that he is unable to make a perfect entry of them, he must acquaint the collector or comptroller of the circumstance; and he is authorized, upon the importer or his agent making oath that he cannot, for want of full information, make a perfect entry, to receive an entry by bill of sight for the packages by the best description which can be given, and to grant warrant that the same may be landed and examined by the importer in presence of the officers; and within three days after any goods shall have been so landed, the importer shall make a perfect entry, and shall either pay the duties, or shall duly warehouse the same.In default of perfect entry within three days, such goods are to be taken to the King's warehouse; and if the importer shall not, within one month, make perfect entry and pay the duties thereon, or on such parts as can be entered for home use, together with ch...

Usance

Usance [Fr.], the time which it is the usage of the countries, between which bills are drawn, to appoint for payment of them. If a foreign bill be drawn payable at sight, or at a certain period after sight, the acceptor will be liable to pay according to the course of exchange at the time of acceptance, unless the rawr express that it is payable according to the course of exchange at the time it was drawn, en especes de ce jour. See Byles on Bills. As to the usance between London and the various foreign countries, see ibid.The time allowed for payment of foreign bill of exchange, sometimes set by custom but now usu. by law, Black's Law Dictionary, 7th Edn., p. 1540....

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After Sight - Law Dictionary Search Results

After sight

Presetment of Bill of Exchange, Cheque, or Pro-missory Note

Bill of sight

Usance

Sighted

sight

Eagle sighted

sight draft

Breech sight

Clear sighted