An order or demand issued by one party to another party to pay a specific sum of money is called a:

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The order or demand issued by one party to another party to pay a specific sum of money is called a draft. Letter of credit is a financial instrument used in international trade to ensure that payment will be received by the seller. Bill of lading is a document issued by a carrier that acknowledges the receipt of goods and specifies the terms of their transport. Consignment is a business arrangement in which a retailer agrees to pay a supplier for merchandise after it is sold.

An Order or Demand Issued by One Party to Another