ANSWERS: 2
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Warrant I'm not sure about, but a draft and a check are the same I think. That is why they call it "overdraft protection" on your checking acct.
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A cheque is drawn by an account holder of a bank, whereas a draft is drawn by one branch of a bank on another branch of the same bank.In a cheque, the drawer and the drawee are different persons. But in a draft both the drawer and the drawee are the same bank and In finance, a warrant is a security that entitles the holder to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date.
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