banker's draft

noun

Definitions

  1. A type of financial instrument, used similarly to a cheque to make a payment or transfer…

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for banker's draft. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA