Draft

An Instrument signed by a Drawer to a Drawee requesting payment at a future time to a third Party (often the drawer).

Related Terms: 5 Drawee, Drawer, Instrument, Party, Third party

Other Related Pages: Category: Banking Starting With: D

Additional Related Terms: 10-Q, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Abstract of title