What is the meaning of DEMAND DRAFT?

Also known as sight draft, is a draft payable on demand from the date of issue, e. G. A payroll check.

Barry Goldsmith
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APABarry Goldsmith. (2010). demand draft. Retrieved September 20, 2026, from http://smartdefine.org/demand_draft/definitions/1151821
ChicagoBarry Goldsmith. 2010. "demand draft" http://smartdefine.org/demand_draft/definitions/1151821 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, demand draft, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/demand_draft/definitions/1151821>.
MLABarry Goldsmith. "demand draft" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/demand_draft/definitions/1151821>