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English definition of “sight”

sight

noun [U]
 
 
/saɪt/ BANKING, FINANCE
after sight used to say that an amount of money must be paid within a particular number of days, months, etc. after the document showing the amount owed is received by the person paying: The bill read "30 days after sight." a draft payable at two months after sight
at sight used to say that an amount of money must be paid as soon as the document showing the amount owed is received by the person paying: The bank draft was marked "at sight". a bill that is payable at sight → Compare on demand
(Definition of sight from the Cambridge Business English Dictionary © Cambridge University Press)
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