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sight draft

   Also found in: Legal, Financial, Acronyms 0.02 sec.
sight draft
n. Abbr. SD
A draft or bill that is payable on demand or upon presentation. Also called demand draft.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.sight draft - a draft payable on presentation
sight bill
bill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another
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To accept an offer, the owner signs the deed before a notary, endorses the sight draft and mails both documents to the purchaser.
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