DRAFT Definition

Bookmark and Share

DRAFT, in import / export, is a contract between buyer and seller that the buyer will pay a certain amount of money, within a specified period of time, for the goods purchased.

Learn new Accounting Terms

CASH PORTION is that percentage of assets consisting of the legal tender of the amounts in question; the balance of which is the non-cash portion; an example, a transaction where a corporation is acquired via a combination of cash and stock.

NIM is Net Interest Margin.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.