What Does Draft Mean?
What does Draft mean? Read on to discover the definition & meaning of the term Draft - to help you better understand the language used in insurance policies.
Draft
An instrument, similar in appearance to a check, directing the payment of money subject to approval by the payor when presented for payment. Most often used for payment of insurance losses.
We hope the you have a better understanding of the meaning of Draft.
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