banker's draft

Hello, you have come here looking for the meaning of the word banker's draft. In DICTIOUS you will not only get to know all the dictionary meanings for the word banker's draft, but we will also tell you about its etymology, its characteristics and you will know how to say banker's draft in singular and plural. Everything you need to know about the word banker's draft you have here. The definition of the word banker's draft will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofbanker's draft, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

Alternative forms

Noun

banker's draft (plural banker's drafts or bankers' drafts)

  1. (UK) A type of financial instrument, used similarly to a cheque to make a payment or transfer money, but drawn on funds already taken from the payer's account and held by the bank, and hence seen as more certain of being honoured than a personal cheque.

Synonyms

References

Further reading