Meaning DRAFT: An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer-ordering the importer or the importer's agent to pay, on demand (sight draft) or at a fixed future date (time draft) the amount specified on the face of the draft
More terms such as Draft in Dictionary D.
- Definition Down Round:
- Examples Refers to a round of venture capital financing that is raised at a lower firm valuation than the previous round draft definition.
- Definition Dollar Return:
- Examples The return realized on a portfolio for any evaluation period, including (1) the change in market value of the portfolio and (2) any distributions made from the portfolio during that period draft explain.
- Definition Direct Stock-Purchase Programs:
- Examples Investors purchase securities directly from the issuer draft what is.
- Definition Disclosure:
- Examples A company's release of all information pertaining to the company's business activity, regardless of how that information may influence investors draft meaning.
- Definition Diff:
- Examples Euro rate differential, which is a Chicago Mercantile Exchange Futures contract that is founded on the interest rate spread between the U.S. dollar and the British pound, the German mark, or the draft abbreviation.