banker's check

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Definitions from WordNet

Noun banker's check has 1 sense

traveler's check, traveller's check, banker's check - a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
--₁ is a kind of traveler's letter of credit, traveller's letter of credit

Definitions from the Web

Banker's Check

Noun (General Sense)

A banker's check refers to a guaranteed form of payment issued by a bank on behalf of one of its customers. It guarantees that the specified amount will be paid out to the recipient.

Example Sentence: When purchasing a vehicle from a private seller, it is advisable to use a banker's check for a secure and reliable transaction.

Noun (US Usage)

In the United States, a banker's check can also be known as a cashier's check. It serves the same purpose as a regular banker's check.

Example Sentence: The seller insisted on receiving a cashier's check as payment for the antique furniture.

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