Commercial draft

COMMERCIAL DRAFT - a demand for payment
COMMERCIAL HEDGERS - Companies that take futures positions in commodities so that they can guarantee pr...

Commercial draft
Demand for payment.
Commercial risk
The risk that a foreign debtor will be unable to pay its debts because of business events, such as bankruptcy.

a commercial draft drawn on a bank client that has been accepted for payment by the bank. BAs are highly liquid money market securities.
Bankruptcy ...

Commercial draft Demand for payment. Commercial paper Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less.

Related: Straddle Commercial draft Demand for payment. Commercial paper Short-term unsecured promissory notes issued by a corporation.

Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Commercial draft ...

See also: Commercial risk, Invoice, Equity capital, Currency swap, Bills