sight draft ExamplesWord Origin noun
- a draft payable upon presentation.
Origin of sight draft An Americanism dating back to 1840–50 Also called demand draft. Examples from the Web for sight draft Historical Examples of sight draft
A heavy deposit, subject to a sight-draft, is the only position of strength.
Orison Swett Marden
We are prepared to honor a sight-draft with the Bonds attached, or to pay cash on presentation and transfer.
John Reed Scott