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Definition of Bank draft
1. Noun. A draft drawn by a bank against funds deposited in another bank.
Lexicographical Neighbors of Bank Draft
Literary usage of Bank draft
Below you will find example usage of this term as found in modern and/or classical literature:
1. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1917)
"bank draft. A bank draft is a check drawn by one bank on another, ... 35 shows
the form of a bank draft. Illustration No. 35, New York Draft. ..."
2. Money and Banking by John Thom Holdsworth (1920)
"... bank draft is the commercial and financial center of the country and that
business men everywhere have dealings with that city. ..."
3. The Living Age by Making of America Project, Eliakim Littell, Robert S. Littell (1909)
"Remittances should be made by bank draft or check, or by post-office or express
money order If possible. If neither of these can be procured, ..."
4. United States Reports, Supreme Court: Cases Argued and Adjudged in the by United States Supreme Court, William T. Otto (1904)
"It tended to withdraw from the notice of the jury the evidence that the failure
of consideration for the bank's draft was only partial. ..."
5. The Financial Organization of Society by Harold Glenn Moulton (1921)
"The distinguishing feature of this operation is that it involves the drawing of
two bills of exchange, the one a trade draft and the other a bank draft. ..."
Other Resources:
