What is the definition of Bankable paper? | Dictionary.net

BANKABLE PAPER

\bˈaŋkəbə͡l pˈe͡ɪpə], \bˈaŋkəbə‍l pˈe‍ɪpə], \b_ˈa_ŋ_k_ə_b_əl p_ˈeɪ_p_ə]\

Definitions of BANKABLE PAPER

1910 - Black's Law Dictionary (2nd edition)

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These are applied to drafts, notes and cheques and other securities of high quality that causes them to be treated by the banks that same as cash.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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