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单词 time draft
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time draft
time draft n. U.S. Finance a draft payable at a specified future date or a certain length of time after presentation or sight; cf. time bill n. 3.
ΚΠ
1839 Documents House of Representatives Michigan 346 The bank had drawn and had then outstanding and not arrived at maturity, time drafts..to the amount of about $40,000.
1918 F. Escher Foreign Exchange Explained iii. 13 Time drafts drawn in any volume require a market in which they can be readily discounted.
1999 Jrnl. Commerce (Nexis) 20 Oct. 10 An importing distributor with an impeccable reputation in a politically and economically stable country may ask for time drafts.
extracted from timen.int.conj.
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