Banker’s Check

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Definition: Banker’s Check

Banker’s Check
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Full Definition of Banker’s Check

The same as cash and so, the check cannot be returned unpaid. This check is a bill of exchange to be paid on demand and drawn by one bank on another. Sometimes it is a check drawn by a bank on itself. Also called banker’s draft or bank draft.

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https://payrollheaven.com/define/bankers-check/
Modern Language Association (MLA):
Banker’s Check. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/bankers-check/.
Chicago Manual of Style (CMS):
Banker’s Check. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bankers-check/ (accessed: April 20, 2024).
American Psychological Association (APA):
Banker’s Check. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/bankers-check/

Definition Sources

Definitions for Banker’s Check are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.