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order of payment vs sight draft

sight draft vs order of payment

order of payment and sight draft both are nouns.

Word NounAdjectiveVerbAdverb
order of payment Yes No No No
sight draft Yes No No No
As nouns, sight draft is a hyponym of order of payment; that is, sight draft is a word with a more specific, narrower meaning than order of payment:
  • order of payment: a document ordering the payment of money; drawn by one person or bank on another
  • sight draft: a draft payable on presentation
order of payment (noun) sight draft (noun)
a document ordering the payment of money; drawn by one person or bank on another a draft payable on presentation
Difference between order of payment and sight draft

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