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(Banking & Finance) 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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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|Noun||1.||bank draft - a draft drawn by a bank against funds deposited in another bank|
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