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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.

See Examples For:

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

From "A Farewell To Arms" by Ernest Hemingway

Every car that is shipped has a sight draft attached to the bill of lading, and the consignee can not get his car until he has paid the draft.

From The Great Events by Famous Historians, Volume 21 The Recent Days (1910-1914) by Charles F. (Charles Francis) Horne

No. 3 is a sight draft payable to the order of a bank and accepted payable at a bank.

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

Your bank cheque is your sight draft on your bank.

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

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

From In Her Own Right by Clarence F. Underwood

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