sight draft

noun

a draft payable upon presentation.
Also called demand draft.

Origin of sight draft

An Americanism dating back to 1840–50

Words nearby sight draft

siggo, sigh, sighful, sight, sight bill, sight draft, sight for sore eyes, a, sight gag, sight rhyme, sight screen, sight unseen

Example sentences from the Web for sight draft

  • We are prepared to honor a sight-draft with the Bonds attached, or to pay cash on presentation and transfer.

    In Her Own Right |John Reed Scott

  • A heavy deposit, subject to a sight-draft, is the only position of strength.

    How to Succeed |Orison Swett Marden