documentary draft

documentary draft
Any order in writing requiring the recipient to pay the amount specified on the face of the document, either on presentation of the document (sight draft) or at a fixed future date (time draft).

Accounting dictionary. 2014.

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Look at other dictionaries:

  • documentary draft — see draft Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • documentary draft — A documentary draft or a documentary demand for payment is one the honor of which is conditioned upon the presentation of a document or documents. Document means any paper including document of title, security, invoice, certificate, notice of… …   Black's law dictionary

  • documentary draft — A documentary draft or a documentary demand for payment is one the honor of which is conditioned upon the presentation of a document or documents. Document means any paper including document of title, security, invoice, certificate, notice of… …   Black's law dictionary

  • documentary draft — noun see documentary bill …   Useful english dictionary

  • draft — 1 n 1: a preliminary version of something (as a law) 2 a: a system for or act of selecting individuals from a group (as for military service) b: the act or process of selecting an individual (as for political candidacy) without his or her… …   Law dictionary

  • draft — A written order by the first party, called the drawer, instructing a second party, called the drawee (such as a bank), to pay money to a third party, called the payee. An order to pay a sum certain in money, signed by a drawer, payable on demand… …   Black's law dictionary

  • draft — A written order by the first party, called the drawer, instructing a second party, called the drawee (such as a bank), to pay money to a third party, called the payee. An order to pay a sum certain in money, signed by a drawer, payable on demand… …   Black's law dictionary

  • documentary bill — noun or documentary draft also document bill : a bill of exchange drawn on a consignee of goods and having appended to it the shipment documents by way of collateral security for its payment …   Useful english dictionary

  • Draft Dodger Rag — Song by Phil Ochs from the album I Ain t Marching Anymore Published 1964 Released 1965 Genre Protest song, folk …   Wikipedia

  • Draft details —   An ISO term. Information pertaining the draft required under a documentary credit.   ISO Documentary Credit Forms term. 20x 30x.   ISO Standard Telex Formats term. 4*35x …   International financial encyclopaedia

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