Word Pronunciation & Dictionary

banker's draft

Word Rarity Very rare

Frequency: Zipf frequency 2.29 in modern English

Syllables
banker's -draft
IPA
22
Scrabble Score
12
Letters
2
Syllables
10
Unique Chars

Meaning

noun

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.

British usage

Usage

Inflected Forms

Synonyms

Questions

What does banker's draft mean?
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.

How to pronounce banker's draft

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