An order for the payment of money drawn by one person on another; a common term for a bill of exchange. Broadly speaking, the term " Draft " includes a bank cashier's check.
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Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts
Monday, July 1, 2013
Down payment
Money that must be paid initially when an item is bought on credit and the balance is to be paid later in installments.
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