(UK) A type of financial instrument, used similarly to a cheque to make a payment or transfer money, but drawn on funds already taken from the payer's account and held by the bank, and hence seen as more certain of being honoured than a personal cheque.

plural of draft animal

(American spelling) A horse used for muscular work, other than carrying a rider and/or load, such as pulling a cart, plow or log.

Describing printed material that is good enough for preliminary use but not good enough to be sent out. Now somewhat obsolete due to advances in printer technology; at one time many printers offered a choice between fast draft-quality and better appearing letter-quality.

plural of draft dodger

(informal) A person who illicitly seeks to avoid compulsory military service (the draft).

A telecheck.

plural of sight draft

(US) A draft to be paid on presentation.

Alternative form of draught excluder