bankers' 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.

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Meanings

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

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

MLA

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

Chicago

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

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