bank draft


noun

a draft drawn by one bank on another.
Also called banker's bill.

Origin of bank draft

An Americanism dating back to 1825–35

Example sentences from the Web for bank draft

  • The 357 Captain drew out a bank-draft and handed it over to the surprised Elder.

    Captain Pott's Minister |Francis L. Cooper

British Dictionary definitions for bank draft

bank draft

noun

a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal cheque Also called: banker's cheque