Meaning SIGHT DRAFT: Demand for immediate payment
More terms such as Sight draft in Dictionary S.
- Definition Shakeout:
- Examples A dramatic change in market conditions that forces speculators to sell their positions, often at a loss sight draft definition.
- Definition Short-Sale Rule:
- Examples An SEC rule requiring that short sales be made only in a market that is moving upward; this means either on an uptick from the last sale, or showing no downward movement sight draft explain.
- Definition Sole Proprietorship:
- Examples A business owned by a single individual. A sole proprietor pays no corporate income tax but has unlimited liability for business debts and obligations sight draft what is.
- Definition SCORE:
- Examples Stands for Special Claim on Residual Equity, a certificate that entitles the owner to the capital appreciation of an underlying security, but not to the dividend income from the security sight draft meaning.
- Definition Securities Investor Protection Corporation (SIPC):
- Examples A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms sight draft abbreviation.