from The Century Dictionary and Cyclopedia
- n. In com,, a draft payable at sight—that is, on presentation. Also sight-bill.
Sorry, no etymologies found.
The wholesaler, then attempted to collect the account and drew a sight-draft on the merchant through the local bank, which returned the draft unhonoured.
The undersigned is the president of the bank to whom you sent your sight-draft.
We are prepared to honor a sight-draft with the Bonds attached, or to pay cash on presentation and transfer.
It's a sight-draft on your president man for twenty thousand dollars -- yes, sir -- twenty thousand this time, and no spoiling the picture.
To the worldly-wise such a perfervid sight-draft upon the bank of love, made after a few weeks of epistolary acquaintance, will no doubt seem a little risky.
A heavy deposit, subject to a sight-draft, is the only position of strength.