Difference between revisions of "Sight draft"
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| − | A draft payable upon presentation to the | + | A '''sight draft''' is a [[Check (finances)|check]] or draft which is payable to the payee upon presentation to the appropriate party.<ref>sight draft. (n.d.) Financial Glossary. (2011). Retrieved February 6 2020 from https://financial-dictionary.thefreedictionary.com/sight+draft</ref> A common use for a slight draft in shipping and exporting business.<ref>https://www.wisegeek.com/what-is-a-sight-draft.htm</ref> |
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| + | ==References== | ||
| + | {{reflist}} | ||
[[Category:Finance]] | [[Category:Finance]] | ||
Latest revision as of 00:42, February 7, 2020
A sight draft is a check or draft which is payable to the payee upon presentation to the appropriate party.[1] A common use for a slight draft in shipping and exporting business.[2]
References
- ↑ sight draft. (n.d.) Financial Glossary. (2011). Retrieved February 6 2020 from https://financial-dictionary.thefreedictionary.com/sight+draft
- ↑ https://www.wisegeek.com/what-is-a-sight-draft.htm