noun
Meaning 1
A cheque which is payable by a bank itself, as opposed to an ordinary cheque payable only out of the funds of a particular customer's account. A bank cheque is normally obtained by a bank customer (by paying its face value), the point is that the person receiving the cheque has the security of knowing it's payable by the bank and thus cannot bounce (not so long as the bank is solvent).
Definition source: English Wiktionary via Wiktextract
Topics: banking, business
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: cheque, check, negotiable instrument, instrument