Trading TermsTime Series DEQ Preferred Stock Due date Forward contract -optional term Gap
Draft
A draft, commonly known as a bill of exchange, is an unconditional written order, signed by the drawer (usually the buyer) and addressed to the drawee (typically a bank), instructing the drawee to pay a specified amount to the payee (often the seller). There are two types of drafts: order drafts, which are payable to a specific person, and bearer drafts, which are payable to whoever holds the draft. The most common types of drafts are sight drafts, which are payable upon presentation, and time drafts, which are payable on a future fixed or determinable date.
Related terms
Understand the meaning and definition of Time Series in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of DEQ in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Preferred Stock in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Due date in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Forward contract -optional term in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Gap in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
