sight draft

sight draft

sight draft ExamplesWord Origin noun

  1. 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.

    How to Succeed

    Orison Swett Marden

  • We are prepared to honor a sight-draft with the Bonds attached, or to pay cash on presentation and transfer.

    In Her Own Right

    John Reed Scott

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