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A draft that is guaranteed by an issuing bank but only payable in full until over a specified amount of time after it is received and accepted.
Definition source: English Wiktionary via Wiktextract
Topics: banking, business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
a draft payable at a specified future date
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: time bill
Antonyms: none provided
Broader terms: draft, bill of exchange, order of payment
No etymology was provided for this word.