Usually means: Payment deferred to future date.
Definitions Related words Mentions
We found 20 dictionaries that define the word time draft:

General (9 matching dictionaries)
  1. time draft: Collins English Dictionary
  2. time draft: Vocabulary.com
  3. time draft: Infoplease Dictionary
  4. time draft: Dictionary.com
  5. time draft: Rhymezone
  6. time draft: FreeDictionary.org
  7. time draft: Mnemonic Dictionary
  8. time draft: TheFreeDictionary.com
  9. time draft: Wiktionary

Business (11 matching dictionaries)
  1. time draft: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. INVESTORWORDS (No longer online)
  4. TIME DRAFT: Accounting Glossary
  5. Time draft: bizterms.net
  6. Time draft: Bloomberg Financial Glossary
  7. Glossary of International Trade Terms (No longer online)
  8. Time Draft: Legal dictionary
  9. Time Draft: Financial dictionary
  10. BusinessDictionary.com (No longer online)
  11. Glossary of Legal Terms (No longer online)

(Note: See time_drafts as well.)

Definitions from Wiktionary (time draft)

noun:  (banking, finance) A draft that is guaranteed by an issuing bank but only payable in full until over a specified amount of time after it is received and accepted.


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