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Drafting - Law Dictionary Search Results

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bearer

bearer : a person holding a check, draft, or other negotiable instrument for payment esp. marked payable to bearer or having a blank endorsement adj :

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(a letter of credit) [when an issuer wrongfully s or otherwise repudiates a credit before presentment of a draft "Uniform Commercial Code"] 2 : to put an end to (a contract): as a : to end (a

cash

paid for goods or services at the time of purchase or delivery cash against documents : a sight draft in exchange for a bill of lading [agree that the buyer will pay cash against documents]

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check

specified sum to a named person or to that person's order on demand see also negotiable instrument compare draft bank check : a check drawn by a bank on its deposits in another bank ca·shier's check :

draftsman

draftsman : a person who prepares or composes legal or legislative documents drafts·man·ship n

draw

jury] 2 : to take (money) from a place of deposit 3 : to write and sign (a draft) in due form for use in making a demand [ a check] 4 : to write out in

drawee

drawee : the party (as a bank) on which a draft is drawn compare drawer, payee

honor

1 : to accept and pay [the bank ed the check] 2 : to purchase or discount (a draft) in compliance with a letter of credit

item

a distinct part in an enumeration, account, or series 2 : a financial instrument (as a check or draft)

letter of credit

credit which is used to satisfy payment for merchandise and which usually requires the beneficiary to present a draft and some documentary proof (as of shipment or receipt of the merchandise) when making a demand for payment

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Drafting - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

bearer

bearer : a person holding a check, draft, or other negotiable instrument for payment esp. marked payable to bearer or having a blank endorsement adj :

cancel

(a letter of credit) [when an issuer wrongfully s or otherwise repudiates a credit before presentment of a draft "Uniform Commercial Code"] 2 : to put an end to (a contract): as a : to end (a

cash

paid for goods or services at the time of purchase or delivery cash against documents : a sight draft in exchange for a bill of lading [agree that the buyer will pay cash against documents]

Keep your definitions linked to case research

check

specified sum to a named person or to that person's order on demand see also negotiable instrument compare draft bank check : a check drawn by a bank on its deposits in another bank ca·shier's check :

draftsman

draftsman : a person who prepares or composes legal or legislative documents drafts·man·ship n

draw

jury] 2 : to take (money) from a place of deposit 3 : to write and sign (a draft) in due form for use in making a demand [ a check] 4 : to write out in

drawee

drawee : the party (as a bank) on which a draft is drawn compare drawer, payee

honor

1 : to accept and pay [the bank ed the check] 2 : to purchase or discount (a draft) in compliance with a letter of credit

item

a distinct part in an enumeration, account, or series 2 : a financial instrument (as a check or draft)

letter of credit

credit which is used to satisfy payment for merchandise and which usually requires the beneficiary to present a draft and some documentary proof (as of shipment or receipt of the merchandise) when making a demand for payment

  • Last »

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