bill of exchange vs banker's draft
banker's draft vs bill of exchangebill of exchange and banker's draft both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| bill of exchange | Yes | No | No | No |
| banker's draft | Yes | No | No | No |
As nouns,
banker's draft is a hyponym of
bill of exchange; that is, banker's draft is a
word with a more specific, narrower meaning than
bill of exchange:
- bill of exchange: a document ordering the payment of money; drawn by one person or bank on another
- banker's draft: a draft drawn by a bank against funds deposited in another bank
Other hyponyms of bill of exchange include
overdraft, foreign bill, foreign draft, inland bill, redraft, trade acceptance, bank draft, dividend warrant, money order, postal order, acceptance, banker's acceptance, bank check, check, cheque, sight bill, sight draft, time bill, time draft.
| bill of exchange (noun) | banker's draft (noun) |
|---|---|
| a document ordering the payment of money; drawn by one person or bank on another | a draft drawn by a bank against funds deposited in another bank |
Words related to "bill of exchange"
Words related to "banker's draft"
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