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Documentary draft

Business Documentary collectionsDogs

Documentary draft:
A term indicating the draft drawn by the seller on the buyer relating to a Documentary collection.

 


Documentary draft
A draft to which documents are attached.
Documents against acceptance (D/A) ...

Generic term for short-term debt instruments, such as bankers' acceptances, commercial paper, and documentary drafts.

for a certain sum of money, to be transferred on a certain date from the person who owes the money or agrees to make the payment (the drawee) to the creditor to whom the money is owed (the drawer of the draft). See "Date Draft," "Documentary Draft, ...

See also: Bills, Franchise, Acquisitions, Mergers, Business technology

Business Documentary collectionsDogs

 
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