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LSDefine

Simple English definitions for legal terms

clean draft

Read a random definition: statutory rate

A quick definition of clean draft:

A clean draft is a written order that tells one person to pay a certain amount of money to another person. It's like a check that you write to pay for something. There are different types of drafts, like a demand draft that you can get your money right away, or a time draft that you have to wait until a certain date to get your money. A clean draft doesn't have any extra papers attached to it. Sometimes, people are forced to join the military through a draft. To draft also means to write or choose someone for a job or task.

A more thorough explanation:

Definition: A clean draft is a type of draft that does not have any shipping documents attached to it. A draft is an unconditional written order signed by one person (the drawer) directing another person (the drawee or payor) to pay a certain sum of money on demand or at a definite time to a third person (the payee) or to bearer. A check is the most common example of a draft.

Example: A company in the United States wants to purchase goods from a supplier in China. The supplier sends a clean draft to the company, which the company can then use to pay for the goods. The clean draft does not have any shipping documents attached to it, which means that the company can use it to pay for the goods without having to provide any additional documentation.

Explanation: The example illustrates how a clean draft can be used in international trade to pay for goods. By using a clean draft, the company can pay for the goods without having to provide any additional documentation, which can make the payment process faster and more efficient.

clean bill of lading | clean house

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BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
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