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foreign draft

foreign draft

7.5
A bank document used to pay money in another country
  • noun
  • Specialized
translation icon : letra de cambio extranjera
  • To pay tuition at the university abroad, she obtained a foreign draft from her bank.

Examples

  • The company paid its overseas supplier by issuing a foreign draft.

  • I received a foreign draft from my uncle in Canada.

  • Many banks charge a fee for processing a foreign draft due to international transaction costs.

  • The bank processed my foreign draft without any issues.

  • To pay tuition at the university abroad, she obtained a foreign draft from her bank.

  • The company paid its overseas supplier by issuing a foreign draft.

  • Many banks charge a fee for processing a foreign draft due to international transaction costs.

Synonyms

foreign bill
vsforeign draft
  • Specialized
7.6

A written order that asks a bank to pay money in another country

is identical in meaning but uses slightly different wording

Surface Forms

foreign draft singular

Morphology

foreign + draft

The noun phrase is a regular adjective + noun composition where 'foreign' (relating to another country) modifies 'draft' (a payment order), so the overall meaning — a payment draft involving another country — is directly inferable from the parts. This follows common cross-linguistic patterns for nominal modification and would be understandable to a B1 learner who knows both constituent words.

Etymology

Foreign draft comes from two simple words: foreign (meaning 'from another country') and draft (meaning 'a written order to pay money'). So the image is a paper made in one country that tells a bank in another country to pay someone, and today a foreign draft means a bill made in one country to be paid in another.