sight draft Antonyms
No Synonyms and anytonyms found
Meaning of sight draft
Wordnet
sight draft (n)
a draft payable on presentation
sight draft Sentence Examples
- The sight draft demanded immediate payment upon presentation.
- The vendor required a sight draft to be attached to the shipping documents.
- The exporter drew a sight draft on the importer for the value of the goods.
- The beneficiary received the sight draft and presented it to the drawee for payment.
- The bank agreed to negotiate the sight draft against the surrender of the original bill of lading.
- The buyer negotiated the sight draft with his bank, which advanced funds against it.
- The sight draft was dishonored due to insufficient funds in the drawee's account.
- The seller accepted a sight draft as partial payment for the goods sold.
- The sight draft was drawn in multiple copies to facilitate negotiation.
- The exporter preferred sight drafts over time drafts as they ensured immediate payment.
FAQs About the word sight draft
a draft payable on presentation
No synonyms found.
No antonyms found.
The sight draft demanded immediate payment upon presentation.
The vendor required a sight draft to be attached to the shipping documents.
The exporter drew a sight draft on the importer for the value of the goods.
The beneficiary received the sight draft and presented it to the drawee for payment.
