Sight

(redirected from outasight)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia, Wikipedia.

SIGHT, contracts. Bills of exchange are frequently made payable at sight, that is, on presentment, which might be taken naturally to mean that the bill should then be paid without further delay; but although the point be not clearly settled, it seems the drawee is entitled to the days of grace. Beaw. Lex Mer. pl. 256; Kyd on Bills, 10; Chit. on Bills, 343-4; Bayley on Bills, 42, 109, 110; Selw. N. P. 339.
     2.-The holder of a bill payable at sight, is required to use due diligence to put it into circulation, or have it presented for acceptance within a reasonable time. 20 John. 146; 7 Cowen, 705; 12 Pick. 399 13 Mass. 137; 4 Mason, 336; 5 Mason's 118; 1 McCord, 322; 1 Hawks, 195.
     3. When the bill is payable any number of days after sight, the time begins to run from the period of presentment and acceptance, and not from the time of mere presentment. 1 Mason, 176; 20 John. 176.

References in periodicals archive ?
"I think growing up in Yonkers kind of gave me a certain confidence early because Yonkers is a small city and it's not like there is a million people out there rapping and singing," Outasight says, thinking back.
A true jokester, I asked Outasight what his feelings were on having those huge opportunities.
The Accents in the Linen/Cotton collection features Seacliff with scallop and snail shell motif; Season's End, featuring tossed leaves in sage and sable, and Vertigo, the Outasight pattern in natural.