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Definition of Time draft
1. Noun. A draft payable at a specified future date.
Lexicographical Neighbors of Time Draft
Literary usage of Time draft
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on the Law of Carriers: As Administered in the Courts of the by Robert Hutchinson, Jacob Scott Matthews, William Frederick Dickinson (1906)
"Same subject—Pledge of bill of lading to shipper's order—time draft attached.
... rity for an advance of money be a time draft, the very nature of such a ..."
2. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1918)
"A time draft indicates that the amount owed the drawer is not due or that ...
The drawee accepts a time draft by writing across the face with red or black ..."
3. A Treatise on the Law of Negotiable Instruments: Including Bills of Exchange by John Warwick Daniel (1913)
"If the inference to be drawn from a time draft accompanied by a bill of lading
is, not that it evidences a credit sale, but a request for advances on the ..."
4. A Treatise on the Law of Negotiable Instruments by John Warwick Daniel, Charles Alexander Douglass (1903)
"It seems to be a natural inference, indeed a necessary implication, from a time
draft accompanied by a bill of lading indorsed in blank, ..."
5. The Silver-Burdett Arithmetics by George Morris Philips, Robert Franklin Anderson (1913)
"A time draft is a draft payable at a certain time after sight or after date.
time draft 333. All time drafts must be presented to the drawee for acceptance. ..."
6. Goodwin's Improved Book-keeping and Business Manual by Joseph Henry Goodwin (1889)
"Time-Draft and Acceptance are but different names for the same paper. Acceptance is
the one most in use, but Time-Draft is the term adopted in this book, ..."
7. Funds and Their Uses: A Book Describing the Methods, Instruments, and by Frederick Albert Cleveland (1902)
"A time-draft is one made payable on a certain day, as, for example, ... The time
of payment of the draft is usually governed by the Time-draft. ,.,. , ..."
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