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sight draft

American  

noun

  1. a draft payable upon presentation.


Etymology

Origin of sight draft

An Americanism dating back to 1840–50

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

I will draw a sight draft on my grandfather, I said.

From "A Farewell To Arms" by Ernest Hemingway

"And I'll secure it," he said, "and give Collinson a sight draft on myself at San Francisco."

From In a Hollow of the Hills by Harte, Bret

A sight draft developed from the above letter.

From Up To Date Business Home Study Circle Library Series (Volume II.) by Eaton, Seymour

Upon receipt of the goods and of the invoice, I shall at once forward a sight draft on the Broadway National Bank of your city.

From Business English A Practice Book by Buhlig, Rose

Two hundred thousand dollars!—honor sight draft, or pay cash on presentation and transfer!

From In Her Own Right by Underwood, Clarence F.

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