sight draft


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  • noun

Synonyms for sight draft

a draft payable on presentation

References in periodicals archive ?
Time draft is a demand for payment on a specified future date--comprising banker's acceptance, bill and sight draft.
A sight draft is a temporary voucher written by a wholesaler or finance company to a dealership, - and these fraudulent drafts allowed -the dealership to settle up with Ford Motor Credit after the audits.
Powell didn't name the wholesalers who he said cooperated with the fraudulent sight draft scheme.
We might accept an unconfirmed letter of credit or a sight draft.
Once approved, KeyBuy financing includes a Sight Draft (which works like a check) that the customer can take to the dealer.