Financial Dictionary

This dictionary contains:
24549
financial terms

Draft




Draft

An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer, ordering to pay the amount specified on the face of the draft.

RELATED TERMS
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Order
Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified.

Draft
An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer, ordering to pay the amount specified on the face of the draft.



SIMILAR TERMS
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Draft Inversiones, SICAV, S.A.
Draft Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.



PREVIOUS AND NEXT TERMS
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Downside risk
The risk that a security will decline in value including the implications of risk.

Downsizing
A company's reduction in the number of employees, number of bureaucratic levels, and overall size in an attempt to increase efficiency and profitability.

Downstream
The transfer of corporate activity from the larger parent to the smaller subsidiary.

Downtick
A trade in a particular stock at a price lower than the trade immediately preceding it. In U.S., one cannot sell a stock short on a downtick.

Downturn
The transition point between a rising, expanding economy to a falling, contracting one.

Draft

Draw a call
In the context of general equities, provoking a customer indication-inquiry-order by calling them up or doing large amount of the volume in a stock.

Drawback
A tax or duty rebate on imported goods that are exported at a later date.

Drawdown
The state in which the borrower obtains some of the project financing, usually progressively according to construction expenditures plus IDC.

Drawee
The party who is directed to pay as specified in a draft.

Drawer
The party initiating a draft.

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This dictionary contains 24549 terms.







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