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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

And we're drawing a sight draft on you gents.

From When Egypt Went Broke by Day, Holman

A sight draft developed from the above letter.

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

Smith, the grower of the coffee in Brazil, makes the shipment to New York and draws a ninety days' sight draft on the New York bank for the amount of his invoice.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

Me and Caligula read it, and decided to let it go; for we, being cooks, were amenable to praise, though it sounded out of place on a sight draft for ten thousand dollars.

From The Gentle Grafter by Greening, H. C.

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