time draft

noun

A draft that is guaranteed by an issuing bank but only payable in full until over a specified amount of time after it is received and accepted.

Similar
time bill
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Meanings

nountime draft (plural time drafts)

plural time drafts

  1. bankingA draft that is guaranteed by an issuing bank but only payable in full until over a specified amount of time after it is received and accepted.

Synonyms & antonyms

nouna draft payable at a specified future date

Similar
time bill
Broader
draftbill of exchangeorder of payment
Also see
time bill

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

time draft. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/time%20draft

MLA

“time draft.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/time%20draft. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “time draft,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/time%20draft.

Source: time draft on Wiktionary, CC BY-SA 4.0.