Definitions

from The Century Dictionary.

  • noun In com,, a draft payable at sight—that is, on presentation. Also sight-bill.

Etymologies

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Examples

  • 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.

    Medical Evidence in a Court of Law 1957

  • The undersigned is the president of the bank to whom you sent your sight-draft.

    Medical Evidence in a Court of Law 1957

  • We are prepared to honor a sight-draft with the Bonds attached, or to pay cash on presentation and transfer.

    In Her Own Right John Reed Scott

  • It's a sight-draft on your president man for twenty thousand dollars -- yes, sir -- twenty thousand this time, and no spoiling the picture.

    Cabbages and Kings 1904

  • 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.

    The Life and Works of Friedrich Schiller Thomas, Calvin, 1854-1919 1901

  • A heavy deposit, subject to a sight-draft, is the only position of strength.

    How to Succeed or, Stepping-Stones to Fame and Fortune Orison Swett Marden 1887

  • It's a sight-draft on your president man for twenty thousand dollars -- yes, sir -- twenty thousand this time, and no spoiling the picture.

    Cabbages and Kings O. Henry 1886

  • 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.

    The Life and Works of Friedrich Schiller Calvin Thomas 1886

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