Meaning BANK DRAFT: A draft addressed to a bank
More terms such as Bank draft in Dictionary B.
- Definition Bid-To-Cover Ratio:
- Examples The ratio of the number of bids received in a Treasury security auction compared to the number of accepted bids bank draft definition.
- Definition Bankruptcy:
- Examples Inability to pay debts. In bankruptcy of a publicly owned entity, the ownership of the firm's assets is transferred from the stockholders to the bondholders bank draft explain.
- Definition Bonds:
- Examples Corporate bonds arranged so that specified principal amounts become due on specified dates. Related: Term bonds bank draft what is.
- Definition Block:
- Examples Large quantity of stock or large dollar amount of bonds held or traded. As a rule of thumb, 10,000 shares or more of stock and $200,000 or more worth of bonds would be described as a block bank draft meaning.
- Definition Bear Hug:
- Examples arbitrage. Hostile takeover attempt in which the acquirer offers an exceptionally large premium over the market value of the acquiree's share so as to as to squeeze (hug) the target into bank draft abbreviation.
