“Draft” or “Draught”

draft d·r·AE·f·t

• nouna document ordering the payment of money; drawn by one person or bank on another.
• nouna current of air (usually coming into a chimney or room or vehicle).
• nouna preliminary sketch of a design or picture.
• nouna serving of drink (usually alcoholic) drawn from a keg.
• nounany of the various versions in the development of a written work.
• nounthe depth of a vessel's keel below the surface (especially when loaded).
• nouna regulator for controlling the flow of air in a fireplace.
• nouna dose of liquid medicine.
• nounthe act of moving a load by drawing or pulling.
• verbdraw up an outline or sketch for something.

draught d·r·AE·f·t

No dictionary entry for this spelling — see the usage examples below for how it shows up in writing.