banker's draft
banker's draft noun: 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.
Noun
banker's draft (plural banker's drafts or bankers' drafts)
- 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:
- cashier's check
Synonyms of banker's draft
Forms of banker's draft
| plural | banker's drafts |
|---|---|
| plural | bankers' drafts |
| alternative form | banker's draught |
Questions about banker's draft
- What does banker's draft mean?
- Banker's draft means 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.
- What part of speech is banker's draft?
- Banker's draft is a noun.
- What is the plural of banker's draft?
- The plural of banker's draft is banker's drafts.
Words near banker's draft in the dictionary
Source and license
Adapted from Wiktionary: banker's draft (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “banker's draft.” Word.ws, https://word.ws/banker%27s_draft. Based on Wiktionary, CC BY-SA 4.0.
