Draft

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Draft

A written order by the first party, called the drawer, instructing a second party, called the drawee (such as a bank), to pay money to a third party, called the payee. An order to pay a sum certain in money, signed by a drawer, payable on demand or at a definite time, to order or bearer.

A tentative, provisional, or preparatory writing out of any document (as a will, contract, lease, and so on) for purposes of discussion and correction, which is afterward to be prepared in its final form.

Compulsory Conscription of persons into military service.

Also, a small arbitrary deduction or allowance made to a merchant or importer, in the case of goods sold by weight or taxable by weight, to cover possible loss of weight in handling or from differences in scales.

A draft that is payable on demand is called a sight draft because the drawee must comply with its terms of payment when it is presented, in his or her sight or presence, by the payee. In contrast, a time draft is one that is payable only on the date specified on its face or thereafter.

A draft may be payable to a designated payee or to the bearer—the person who has possession of the draft at the time it is presented to the drawee for payment—pursuant to the drawer's directions.

A draft is sometimes synonymous with a bill of exchange, Commercial Paper, or negotiable instrument.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

draft

1) n. a bill of exchange or check in which one party (including a bank) is directed by the party drafting (writing) the bill or check to take money from the drafter's (writer's) bank account and pay it to another person or entity. 2) v. to prepare and sign a bill of exchange or check. 3) n. a less than final document, which is ready for discussion, re-writing and/or editing, such as a book, a proposal, or a legislative bill. 4) n. compulsory enrollment of non-volunteers for military service by lottery, as existed under the Selective Service System during World War I, from 1940 as World War II threatened to involve the United States, through the Korean and Vietnam conflicts until 1973. Since 1980 all men are required to register at 18, but there is no draft or call-ups. (See; bill of exchange, check)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
Another 1968 United Church Observer article began bluntly: "United Church lay people who answered an opinion poll on Viet Nam disapprove, some of them violently, of help for draft dodgers. Ministers approve." The article referred to a poll published in the Observer to which 134 clergy and 2,201 lay readers returned responses.
William Sloane Coffin, warned that the seminary would not become a "haven for draft dodgers.' His nephew served as an infantry officer in Europe.
Other forms of coercion have also been considered, such as barring draft dodgers from employment in the public sector and not issuing them driving licences, but it appears the ministry is fighting a losing battle, now that it is socially acceptable to resort to any means to get out of military service.
Legislation targeting draft dodgers was drawn up and approved by parliament in February 2011 and provided among others, for an additional eight months of alternative service for those claiming a disability, injury or psychological illness.
A NATIONAL GUARD (NG) doctor has been suspended pending a disciplinary investigation after the Defence Ministry received a large number of complaints saying he was facilitating draft dodgers.
The pressure group is quite right to demand that the draft dodgers are penalised in some way because as things are the system is grossly unfair.
THE DEFENCE Ministry has not shelved the proposal for a reduction in military service but before it can be done, the National Guard must reorganise and tackle the issue of draft dodgers, Defence Minister Costas Papacostas said yesterday.Speaking at a news conference to mark two years in office under the current government where he also talked about new equipment acquisitions, Papacostas said the draft for the modernisation of the army was already being processed by the legal service.The first phase is due to be implemented in November and will focus on increased manning, better trained senior staff and improved equipment maintenance.
It is said that one in five conscripts are draft dodgers, most exploiting an apparently weak screening system by citing psychological problems.
It is said that around one in five youths are draft dodgers.
PARENTS OF conscripts who serve in the National Guard feel their sons are being victimised both by draft dodgers and by the army itself, which they say is piling on more tasks, cutting leave, and which also drains family finances.
Mikellides has hit back at a Defence Ministry complaint against him made to the Medical Council citing a conflict of interests in that he was anti-army buy yet issuing certificates to would-be draft dodgers.
Politicians should be discussing the possibility of cutting the duration of military service by half in order to reduce the number draft dodgers, instead of bickering over slogans.