- Pertaining to, or used for, drawing or pulling (as vehicles,
loads, etc.). Same as Draught. - Relating to, or characterized by, a draft, or current of
air. Same as Draught.
2 . Draft
[ v. t.]
- To draw the outline of; to delineate. - To compose and write; as, to draft a memorial. - To draw from a military band or post, or from any
district, company, or society; to detach; to select. - To transfer by draft.
Meaning of 'draft' (Princeton's WordNet)
1 . draft
[ n]
Meaning (1): - any of the various versions in the development of a written work
Example in sentence:
a preliminary draft;
the final draft of the constitution
Meaning (2): - a large and hurried swallow
Example in sentence:
he finished it at a single gulp
Meaning (3): - a dose of liquid medicine
Example in sentence:
he took a sleeping draft
Meaning (4): - a serving of drink (usually alcoholic) drawn from a keg
Example in sentence:
they served beer on draft
5 . draft
[ v]
Meaning (5): - draw up an outline or sketch for something
Draft Draft is an instrument completed by a creditor ordering a debtor to pay a specific sum of money.
Overdraft System Overdraft System is the system in which the borrower is allowed to overdraw on his current account with the banker upto a certain specified
Usance Draft Usance Draft is term draft, a written demand for payment which comes due at a specified future date.
Sola Draft Sola Draft is a single Bill of Exchange as distinguished from one in a set, the latter being marked as “First of Exchange” and the former “Sola of
Demand Draft Demand Draft is a Bill of Exchange payable at sight or on demand.
Draft/Bill of Exchange (B/E) A draft, sometimes called a bill exchange (B/E), is the instrument normally used in international commerce to effect payment.
Overdraft on Current Account An overdraft allows to borrow money for a short period of time through current account. So, it is a credit facility for a current account customer.
Bank Drafts A bank draft is a payment instrument drawn on the bank's money rather than on the consumer's account. It is a guaranteed payout...