bank draft


a draft drawn by one bank on another.

Nearby words

  1. bank check,
  2. bank clerk,
  3. bank deposit,
  4. bank deposit insurance,
  5. bank discount,
  6. bank examiner,
  7. bank giro,
  8. bank holiday,
  9. bank holidays,
  10. bank indicator

Origin of bank draft

An Americanism dating back to 1825–35

Also called banker's bill. Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples 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


a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal chequeAlso called: banker's cheque
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012