- a draft drawn by one bank on another.
Origin of bank draft
An Americanism dating back to 1825–35
Also called banker's bill.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Related Words for bank draftbill, debenture, coupon, IOU, receipt, warrant, order, bond, cheque, check
Examples from the Web for bank draft
Historical Examples of 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
- 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