Time Draft 2 : A draft that matures either a certain number of days after it's been accepted or a certain number of days after the date of the draft. Compare 'Date Draft' and 'Sight Draft
Ulster Bank (Business/Products/International-Banking), Guide to International Business, Glossary of Terms, Belfast, Northern Ireland 2012. http://www.ulsterbank.com/ni/business/products/int ernational-banking/guide-to-international-business /glossary-of-terms.ashx, (Mrtm/ Int Biz and Banking - Brit) {540}