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bank draft vs order of payment

order of payment vs bank draft

bank draft and order of payment both are nouns.

Word NounAdjectiveVerbAdverb
bank draft Yes No No No
order of payment Yes No No No
As nouns, order of payment is a hypernym of bank draft; that is, order of payment is a word with a broader meaning than bank draft:
  • bank draft: a draft drawn by a bank against funds deposited in another bank
  • order of payment: a document ordering the payment of money; drawn by one person or bank on another
Other hypernyms of bank draft include bill of exchange, draft.
bank draft (noun) order of payment (noun)
a draft drawn by a bank against funds deposited in another bank a document ordering the payment of money; drawn by one person or bank on another
Difference between bank draft and order of payment

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