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Definitions

There is 1 meaning of the phrase Time Draft.

Time Draft - as a noun

A draft payable at a specified future date

Synonyms (Exact Relations)

Example Sentences

"He signed a time draft for the payment of the goods."
"The company used a time draft to finance their international transactions."
"The exporter requested a time draft from the importer as a form of payment guarantee."
"The bank agreed to discount the time draft for a small fee."
"The buyer accepted the seller's time draft and promised to make the payment on maturity."
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