Time Draft

Time Draft

What Is a Time Draft? A time draft is a form of payment that is guaranteed by an issuing bank but is not payable in full until a specified amount of time after it is received and accepted. Many international trade transactions use drafts as a way to indicate the terms of payment for shipped

Timeliness Definition

Timeliness Definition

What Is Timeliness? Timeliness is a stock analysis rating system that ranks stocks according to their predicted price performance. It is a proprietary measure from the financial analysis and publishing firm Value Line (VALU) that ranks stocks based on their anticipated performance over the following six to twelve months. Timeliness assigns a rank of 1