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7 Essential Words of Fall

share draft

noun
1.
an interest-bearing checking account in a credit union.
2.
a check written against this account.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for share draft
  • We have implemented sweep programs involving share draft accounts and money market accounts.
  • Funds are swept between two subaccounts, a share draft subaccount and a money market subaccount.

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