Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bank draft”

bank draft

noun [C]
 
 
BANKING
(UK also banker's draft) →  bank cheque
US (also direct debit) an instruction to your bank for them to allow someone else to take money from your account: Every month her mortgage is paid automatically by bank draft.
(Definition of bank draft from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bank draft?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “bank draft”

Word of the Day

initial

of or at the beginning

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More