International Trade Meaning and Definition of Draft (Trade Bill, Bill Of Exchange)
Meaning of Draft (Trade Bill, Bill Of Exchange)
A means of payment whereby a drawer (the importer) instructs a drawee (either the importer or its commercial bank) to pay the payee (the exporter).
Related Entries of Draft (Trade Bill, Bill Of Exchange) in the Encyclopedia of Law Project
Browse or run a search for Draft (Trade Bill, Bill Of Exchange) in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Draft (Trade Bill, Bill Of Exchange) in Historical Law
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Legal Abbreviations and Acronyms
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| Related topics | Draft (Trade Bill, Bill Of Exchange) in the World Encyclopedia of Law |
What is Draft (Trade Bill, Bill Of Exchange)?
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See also
One to whom a check directs a request to pay. Usually the… (Read more)
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