semneaza la vedere signs the present agreement... at sight
| Creator: | |
| Language pair: | Romanian to English |
| Definition / notes: | at sight - This term is used most often in legal contracts to describe when payment is to be made. A seller might place an at-sight clause in a contract to demand full payment at sight. A seller might enforce this if the buyer has missed payments in the past, and is deemed to have a higher risk of default. The sight draft is most commonly used in international trade. In a sight draft, the payment is on demand or on presentation of the negotiation documents to the paying bank or the importer. |
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