banker's drafts

A form of banker's draft — 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.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

noun
  1. pluralplural of banker's draft
Cite this entry
APA

banker's drafts. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/banker's%20drafts

MLA

“banker's drafts.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/banker's%20drafts. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “banker's drafts,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/banker's%20drafts.

Source: banker's drafts on Wiktionary, CC BY-SA 4.0.