Glossary entry

English term or phrase:

sight draft

Norwegian translation:

avisoveksel, avistaveksel

Added to glossary by Erling Dugan
Nov 2, 2005 06:58
18 yrs ago
1 viewer *
English term

sight draft

English to Norwegian Bus/Financial Finance (general)
He presented a sight draft for $ 6,000,000 to the bank.

Proposed translations

+1
13 mins
Selected

avisoveksel, avistaveksel

"Avisoveksel, avistaveksel. En avisoveksel er en veksel (s. d.) som forfaller en viss tid efter å ha blitt forevist den som skal betale på den (efter sikt), en avistaveksel skal derimot betales ved forevisning (ved sikt)."

Det kan se ut som om det trengs mer kontekst for å avgjøre om det er det ene eller det andre.
Peer comment(s):

agree Nils Elvemo
8 hrs
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4 KudoZ points awarded for this answer.
9 hrs

avistaveksel

I henhold til Sjøstads svar vil jeg tilføye følgende definisjoner, som peker i retning av avistaveksel, og ikke avisoveksel.
English

Term: sight draft

Definition, comment: A draft which is payable on demand. see also time draft.

Definition, comment: A customer's order to a financial institution holding the customer's funds to pay all or part of them to another institution in which the customer has another account. The draft is payable upon delivery to the first institution, or 'upon sight.' Also called a customer draft. [OTS] Demand for immediate payment. [WCSU]

Definition, comment: Demand for immediate payment

Definition, comment: Commercial draft payable on demand.

Definition, comment: A draft or bill of exchange payable on sight or when presented for payment.
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