Sight Draft - Law Dictionary Search Results
sight draft
Matched in: Term sight draft
draft
Matched in: Term draft
sight
Matched in: Term sight
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cash
check) 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]
Advice
to another by letter, informing him of bills or drafts drawn on him, with particulars of date, or sight, the sum, and the payee. Bills presented for acceptance or payment are frequently dishonoured for 'want of advice. … the instruction usually given by one merchant or banker to another by letter, informing him of bills or drafts drawn on him, with particulars of date, or sight, the sum, and the payee. Bills presented for acceptance
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