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draft

draft / draft/ • n. 1. a preliminary version of a piece of writing: the first draft of the party's manifesto | [as adj.] a draft document. ∎  a plan, sketch, or rough drawing. ∎  (in full draft mode) Comput. a mode of operation of a printer in which text is produced rapidly but with relatively low definition. 2. (the draft) compulsory recruitment for military service: 25 million men were subject to the draft | [as adj.] draft cards. ∎  a procedure whereby new or existing sports players are made available for selection or reselection by the teams in a league, usually with the earlier choices being given to the weaker teams. ∎ rare a group or individual selected from a larger group for a special duty, e.g., for military service. 3. (Brit. draught) a current of cool air in a room or other confined space: heavy curtains at the windows cut out drafts. 4. (Brit. draught) the action or act of pulling something along, esp. a vehicle or farm implement. 5. a written order to pay a specified sum; a check. 6. (Brit. draught) a single act of drinking or inhaling: she downed the remaining beer in one draft. ∎  the amount swallowed or inhaled in one such act: he took deep drafts of oxygen into his lungs. 7. (Brit. draught) the depth of water needed to float a ship: the shallow draft enabled her to get close to shore. 8. (Brit. draught) the drawing in of a fishing net. ∎ the fish taken at one drawing; a catch. • v. (Brit. draught) [tr.] 1. prepare a preliminary version of (a text): I drafted a letter of resignation. 2. select (a person or group of people) for a certain purpose: he was drafted to make a film about the Iraqi president's life. ∎  conscript (someone) for military service. ∎  select (a player) for a sports team through the draft. 3. pull or draw. 4. [intr.] Auto Racing benefit from reduced wind resistance by driving very closely behind another vehicle. • adj. (Brit. draught) 1. denoting beer or other drink that is kept in and served from a barrel or tank rather than from a bottle or can: draft beer. 2. denoting an animal used for pulling heavy loads: draft oxen. PHRASES: on draft (of beer or other drink) on tap; ready to be drawn from a barrel or tank; not bottled or canned.DERIVATIVES: draft·er n.

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"draft." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"draft." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft-0

"draft." The Oxford Pocket Dictionary of Current English. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft-0

draft (in banking)

draft, in banking, order by one party to another party to pay a stated sum to the person or firm in whose favor the draft is made. It is similar in form to the ordinary bank check. Often the drawer and the drawee of a draft are the same person. A sight draft is payable immediately on presentation to the drawee; a time draft is payable at a fixed date in the future. A draft is sometimes known as a bill of exchange. It was originally devised to give credit to a customer who intended to pay in the future, but it came to be used to pay foreign debts (see foreign exchange) because it obviated the bother, expense, and risk of transmitting money. Apparently, drafts were used in early Babylon, Egypt, and Rome, but the earliest clear instance of their use is in Genoa c.1156. Drafts are usually used in commercial transactions in which buyer and seller are distant from each other. The seller draws a draft against the buyer of his goods and sends the draft, together with shipping documents, to his bank. The bank or its agent presents the draft to the buyer for his acceptance of the obligation or for payment. If, in the case of a time draft, the buyer accepts the obligation to pay, he will often put a note to that effect, along with his signature, on the draft. Such an accepted draft is known as a trade acceptance and represents a legal commitment on the part of the buyer to pay the amount stipulated.

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"draft (in banking)." The Columbia Encyclopedia, 6th ed.. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"draft (in banking)." The Columbia Encyclopedia, 6th ed.. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/draft-banking

"draft (in banking)." The Columbia Encyclopedia, 6th ed.. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/draft-banking

Draft

DRAFT

A written order by the first party, called the drawer, instructing a second party, called the drawee (such as a bank), to pay money to a third

party, called the payee. An order to pay a sum certain in money, signed by a drawer, payable on demand or at a definite time, to order or bearer.

A tentative, provisional, or preparatory writing out of any document (as a will, contract, lease, and so on) for purposes of discussion and correction, which is afterward to be prepared in its final form.

Compulsoryconscriptionof persons into military service.

Also, a small arbitrary deduction or allowance made to a merchant or importer, in the case of goods sold by weight or taxable by weight, to cover possible loss of weight in handling or from differences in scales.

A draft that is payable on demand is called a sight draft because the drawee must comply with its terms of payment when it is presented, in his or her sight or presence, by the payee. In contrast, a time draft is one that is payable only on the date specified on its face or thereafter.

A draft may be payable to a designated payee or to the bearer—the person who has possession of the draft at the time it is presented to the drawee for payment—pursuant to the drawer's directions.

A draft is sometimes synonymous with a bill of exchange, commercial paper, or negotiable instrument.

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"Draft." West's Encyclopedia of American Law. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"Draft." West's Encyclopedia of American Law. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/draft

"Draft." West's Encyclopedia of American Law. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/draft

draft

draft, draught. Regular dressed drafted margin the width of the chisel, also called a border, along the edges of the face of a squared stone.

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"draft." A Dictionary of Architecture and Landscape Architecture. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"draft." A Dictionary of Architecture and Landscape Architecture. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/education/dictionaries-thesauruses-pictures-and-press-releases/draft

"draft." A Dictionary of Architecture and Landscape Architecture. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/education/dictionaries-thesauruses-pictures-and-press-releases/draft

draft

draft sb. var. of DRAUGHT, recorded XVI and established since XVIII for certain senses.
Hence draft vb. XVIII.

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"draft." The Concise Oxford Dictionary of English Etymology. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"draft." The Concise Oxford Dictionary of English Etymology. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft-1

"draft." The Concise Oxford Dictionary of English Etymology. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft-1

Draft

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"Draft." Dictionary of American History. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"Draft." Dictionary of American History. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/draft

"Draft." Dictionary of American History. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/draft

Draft

Draft. See Conscription.

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"Draft." The Oxford Companion to American Military History. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"Draft." The Oxford Companion to American Military History. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/draft

"Draft." The Oxford Companion to American Military History. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/draft

draft

draft •Taft •abaft, aft, craft, daft, draft, draught, engraft, graft, haft, kraft, raft, shaft, understaffed, unstaffed, waft •backdraft • handcraft • aircraft •stagecraft • spacecraft • statecraft •needlecraft • priestcraft • witchcraft •kingcraft • handicraft • woodcraft •Wollstonecraft • bushcraft •watercraft • hovercraft • crankshaft •camshaft • layshaft • driveshaft •turboshaft • countershaft •bereft, cleft, deft, eft, heft, klepht, left, reft, theft, weft •adrift, drift, gift, grift, lift, rift, shift, shrift, sift, squiffed, swift, thrift, uplift •airlift, chairlift, stairlift •facelift • skilift • shoplift • Festschrift •spendthrift • spindrift • snowdrift •makeshift • downshift • upshift •aloft, croft, loft, oft, soft, toft •hayloft • Ashcroft • Cockcroft •undercroft • Lowestoft •tuft, unstuffed •Delft

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"draft." Oxford Dictionary of Rhymes. . Encyclopedia.com. 21 Aug. 2017 <http://www.encyclopedia.com>.

"draft." Oxford Dictionary of Rhymes. . Encyclopedia.com. (August 21, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft

"draft." Oxford Dictionary of Rhymes. . Retrieved August 21, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/draft