Date draft

A Draft that matures a specified number of days after its Issue date, regardless of the date of Acceptance.

Related Terms: 7 Accept, Acceptance, Draft, ECI, Issue date, ITS, Sue

Other Related Pages: Category: Banking Starting With: D

Additional Related Terms: 30-day wash rule, Accrual of discount, After-tax basis, Amortization of premium, At par, At best, At call, At risk, Abstract of title, Accept