Draft example sentences

Overdrafts are where the bank account becomes negative and the businesses in effect have borrowed from the bank.Normally, it includes all current liabilities, but sometimes it refers to current liabilities less bank overdraft.That paper, it is recorded in one of his biographies, contained the draft of a poem.Short-term liabilities are obligations that are payable within a period of one year, for example, creditors, bills payable, bank overdraft.n case of sight draft, the documents are handed over to the importer only against payment.In fact, the closing balance in this account (difference between the total amount of receipts and payments) which is usually a debit balance reflects cash in hand and cash at bank unless there is a bank overdraft.In case, however, the total of the credit side is more than that of the total of the debit side, show the difference on the debit as bank overdraft and close the account.The import order should be carefully drafted so as to avoid any ambiguity and consequent conflict between the importer and exporter.A collateral security may be defined as a subsidiary or secondary or additional security besides the primary security when a company obtains a loan or overdraft from a bank or any other financial Institution.Sometimes the communications originally drafted in one language (e.g., English) need to be translated to the language understandable to workers (e.g., Hindi).But in the case of usance draft, the drawer instructs the bank to hand over the relevant documents to the importer against acceptance of the bill of exchange.All the items of charges such as interest on overdraft, payment by bank on standing instructions and debited by the bank in the passbook but not entered in cash book, bills and cheques dishonoured etc.In the case of sight draft, the drawer instructs the bank to hand over the relevant documents to the importer only against payment.The senior officers of the Department drafted an order in line with the Cabinet decision and took the minister's approval.Ambedkar, who was Chairman of the Drafting Committee, and under whose supervision the document was finalised.

Meaning in Hindi Meaning in English

Sorry, no example of Draft found.