CLEAN DRAFT
A draft to which no documents have been attached.
COLLECTION PAPERS ...
English: Clean draft
Français: Traite nette
GNP:
véase Gross National Product.
Red Clause: a clause authorizing the drawing of clean drafts (without documents) accompanied by a statement that the shipping documents concerned will be furnished later.
2.
draft accepted by a bank with bills of lading and other documents attached, as opposed to a clean draft. The attached documents are delivered to the drawee when it accepts or pays the draft, and ordinarily controls title to the merchandise.
 See also: Tariff, GATT, Banks, Bills, Acquisitions
  
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