Glossary


Terms & Glossaries of Shipping and Trading

A/S (After Sight)

Used for showing that a bill of exchange must be paid within a particular number of days after the person it has been given to has received it.

What is A/S (After Sight)?

In banking, a notation on a draft that indicates that the payment is due a fixed number of days after the draft has been presented to the drawee. For example, “60 days after sight” means that the drawee has 30 days from the date of presentation of the draft to make payment.