banker's draft


banker's draft
'banker's .draft
n

Dictionary of contemporary English. 2013.

Look at other dictionaries:

  • banker's draft — banker s drafts N COUNT A banker s draft is the same as a bank draft. You pay for the car by banker s draft in the local currency …   English dictionary

  • banker's draft — A form of cheque but where the commitment to pay is on the bank rather than the customer, so making it far safer than the customer s own cheque which the bank may bounce where funds are insufficient. Easyform Glossary of Law Terms. UK law terms …   Law dictionary

  • banker's draft — UK }} US }} noun [C] BANKING ► UK BANK CHEQUE(Cf. ↑bank cheque) …   Financial and business terms

  • banker's draft — noun a draft drawn by a bank against funds deposited in another bank • Syn: ↑bank draft • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun Etymology: banker ( …   Useful english dictionary

  • Banker's draft — A banker s draft (also called a bank cheque ) is a cheque (or check) where the funds are taken directly from the financial institution rather than the individual drawer s account.A normal cheque represents an instruction to transfer a sum of… …   Wikipedia

  • banker's draft — UK / US noun [countable] Word forms banker s draft : singular banker s draft plural banker s drafts a bank draft …   English dictionary

  • banker’s draft — Fin a bill of exchange payable on demand and drawn by one bank on another. Regarded as being equivalent to cash, the draft cannot be returned unpaid. Also known as bank draft, banker’s check …   The ultimate business dictionary

  • banker's draft — /bæŋkəz ˈdraft/ (say bangkuhz drahft) noun → bank draft …   Australian English dictionary

  • banker's draft — See: bank draft …   Accounting dictionary

  • banker’s draft — /ˌbæŋkəz drɑ:ft/ noun a draft payable by a bank in cash on presentation …   Dictionary of banking and finance


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.