Draft

A signed, written order by which one party (the drawer) instructs another party (the drawee) to pay a specified sum to a third party (the payee), at sight or at a specific date. Typical bank drafts are negotiable instruments and are similar in many ways to checks.

A signed written order by which one party (the drawer) instructs another party (the drawee) to pay a specified sum to a third party (the payee), at sight, or at a specific date. Typical bank drafts are negotiable instruments and are similar in many ways to checks.

The Review Status of a financial disclosure report that has not been eSigned and submitted by the filer.

Slang term for the aerodynamic effect that allows two or more cars traveling nose-to-tail to run faster than a single car. When one car follows another closely, the one in front cuts through the air, providing a cleaner path of air, that is, less resistance, for the car in back.

A column of burning combustion gases that are so hot and strong that the heat is lost up the chimney before it can be transferred to the house. A draft brings air to the fire to help keep it burning.

preliminary form of a document before it becomes a formal record

The number of feet between the water line and the bottom of the vessel. Example: The barge has an eight foot draft. Maximum vertical distance between the mean water line and the bottom of the keel. (Taxability could depend on the load in the vessel)