释义 |
time draft
time draftn. A draft due for payment at a specified future time.ThesaurusNoun | 1. | time draft - a draft payable at a specified future datetime billbill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another |
Time Draft Related to Time Draft: sight draftTime DraftA written order to pay a certain sum in money that is payable at a particular future date. Time drafts, sometimes called time bills or time loans, are frequently used by merchants to finance the transportation of goods. Cross-references Commercial Paper. time draft
Time draftDemand for payment at a stated future date.Time DraftA check or other draft that is not payable to the payee until a stated date in the future. It contrasts with a sight draft, in which the payee may demand payment upon presentation of the draft to the appropriate party.time draft A draft that is payable a certain number of days after it has been presented. Compare sight draft.time draft Related to time draft: sight draftSynonyms for time draftnoun a draft payable at a specified future dateSynonymsRelated Words- bill of exchange
- draft
- order of payment
|