Business Terms and Jargon Explained

What is Bankers draft

A bankers draft is a cheque that is issued by a bank on behalf of one of its customers. The money is taken from the customerís account and deposited in the bankís own account. The bank then issues the cheque which is guaranteed to pay the person named on the cheque. The person receiving the cheque is happy as the cheque cannot bounce.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

KBPS Et cetera Order Optimisation
Subscribers Alimony Corner a market
White Bonnet Statutory register Voting right
Elephant Hunt Company Car Cross examination
Codicil IPO Outward Processing Relief
Informant Ex cathedra Admission
Vide Inland Revenue Asset stripper
Melt Value Shrinkage EX550 Civil Court form
Pula Open court Ransomware
B2B UK Intellectual Property Office Magic bullet
Tender Denar Entrepreneur
Trailers Rational Decision Contingent liabilities
User Group Community Patent Consignee

Term created / updated 2020-09-01 16:57:22

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.