The Law Dictionary

Law Dictionary

R

REDRAFT

by

In commercial law. A draft or bill drawn in the place where the original bill was made payable and where it went to protest on the place where such original bill was drawn, or, when there is no regular commercial intercourse rendering that practicable, then in the next best or most direct practicable course. 1 Bell. Comm. 400. … [Read more...] about REDRAFT

RE-DRAFT

by

comm. law. A bill of exchange drawn at the place where another bill was made payable, and where it was protested, upon the place where the first bill was drawn, or when there is no regular commercial intercourse rendering that practicable, then in the next best or most direct practicable course. … [Read more...] about RE-DRAFT