meaning of BANKERS

BANKERS meaning in Law Dictionary

in the uk, a CLEARING system designed for check and credit clearing, retail payments, standing orders, and direct debits. See also CLEARINGHOUSE AUTOMATIC PAYMENT PROGRAM (CHAPS).

Sentence Examples with the word BANKERS

The term was first used in the western states of America of speculative bankers who were said to have started business with no other property than what they could carry in a carpet-bag, and absconded when they failed.

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