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 — banker s .draft n ↑bank draft … Dictionary of contemporary English
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 — 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 — /bæŋkəz ˈdraft/ (say bangkuhz drahft) noun → bank draft …
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
draft — A written order drawn by one party, called a drawer, that directs a second party (almost always a bank), called a drawee, to pay a sum of money to a third party, called the payee. For example, a check. Drafts are used with letters of credit.… … Financial and business terms
