time draft


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Related to time draft: sight draft

time draft

n.
A draft due for payment at a specified future time.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.time draft - a draft payable at a specified future date
bill of exchange, draft, order of payment - a document ordering the payment of money; drawn by one person or bank on another
References in periodicals archive ?
ECR Indonesia will appoint foreign consultants to prepare a blue print for the ECR e-commerce infrastructure and at the same time draft the project tender.
A sight draft is payable upon demand, while a time draft is payable a specific number of days (typically 60 to 90) after it has been presented.
This new tool allows designers to interactively change the pull direction with real time draft analysis to find the optimal pull direction before the task of removing undercuts has begun.

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