blank draft

Definition

A draft given by the initial drawer to another party with certain details intentionally left blank - with the recipient being allowed to complete the draft on predefined terms. The drawer is then liable for the changes made by the recipient to the draft.

Related Videos




http://www.businessdictionary.com/definition/blank-draft.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(102 Votes)
69% Bullish
(75 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z