- Types:
- show 13 types...
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bill of exchange, draft, order of payment
a document ordering the payment of money; drawn by one person or bank on another
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overdraft
a draft in excess of the credit balance
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foreign bill, foreign draft
a bill of exchange that is drawn in one country and made payable in another
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inland bill
a bill of exchange that is both drawn and made payable in the same country
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redraft
a draft for the amount of a dishonored draft plus the costs and charges of drafting again
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trade acceptance
a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
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bank draft, banker's draft
a draft drawn by a bank against funds deposited in another bank
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dividend warrant
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
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money order, postal order
a written order for the payment of a sum to a named individual; obtainable and payable at a post office
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acceptance, banker's acceptance
banking: a time draft drawn on and accepted by a bank
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bank check, check, cheque
a written order directing a bank to pay money
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sight bill, sight draft
a draft payable on presentation
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time bill, time draft
a draft payable at a specified future date
