banker's draught

/B AE1 NG K ER0 EH0 S D R AE0 F T/
noun
  1. 1

    (UK) Alternative spelling of banker's draft. [(UK) 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.]

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