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order of payment vs banker's draft

banker's draft vs order of payment

order of payment and banker's draft both are nouns.

Word NounAdjectiveVerbAdverb
order of payment Yes No No No
banker's draft Yes No No No
As nouns, banker's draft is a hyponym of order of payment; that is, banker's draft is a word with a more specific, narrower meaning than order of payment:
  • order of payment: 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
order of payment (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
Difference between order of payment and banker's draft

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