Definition of Foreign draft
1. Noun. A bill of exchange that is drawn in one country and made payable in another.
Foreign Draft Pictures
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Lexicographical Neighbors of Foreign Draft
Literary usage of Foreign draft
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Cultivator: A Monthly Publication, Devoted to Agriculture by New York State Agricultural Society (1852)
"Mark- bam, Canada West,—received the first premium in the class of foreign draft-horses, at the show of the NT State Ag. Soc. in 1848, and a certificate as ..."
2. The Cultivator by New York State Agricultural Society (1852)
""Clyde," the property of Mm. JANE WARD, Mark- ham, Canada West,—received the first premium in the class of foreign draft-horses, at the show of the NT State ..."
3. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"The nearest resemblance to this type of foreign draft is to be found in the domestic dunning draft. It should be observed at this point that none of the ..."
4. Practical Bank Operation by Loyd Helvetius Langston, First National City Bank of New York (1921)
"When a foreign draft is drawn in dollars, however, the drawer bank makes provision for insuring the payee the most favorable rate for cashing the draft by ..."
5. Trading with the Far East: How to Sell in the Orient: Policies: Methods by Irving National Bank (1919)
"On the other hand, when a bank in the United States negotiates a foreign draft, in essence, it loans its own money to the shipper on the security of the ..."
6. Economic Aspects of the Great Lakes-St. Lawrence Ship Channel by Roy Samuel MacElwee, Alfred Hotchkiss Ritter (1921)
"Steamers entering and clearing, 1918 Foreign, draft from 30 to 34 feet Foreign, ... Foreign, draft from 20 to 24 feet Coastwise, draft from 25 to 29 feet ..."
7. Fundamentals of Accounting: Principles and Practice of Bookkeeping by Sietse Bernard Koopman, Roy Bernard Kester (1921)
"Thus a draft drawn in New York and payable in Chicago becomes a foreign draft. Similarly, a draft drawn in New Orleans and payable in Brazil is a foreign ..."
8. Treatises in an Interstate Commerce and Railway Traffic Course by La Salle Extension University (1915)
"A documentary draft, especially a foreign draft accompanied by shipping papers, ... How does the foreign draft differ from the domestic draft used in making ..."