Banker-s-dozen meaning

(idiomatic, uncommon) Eleven.
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(banking, finance, idiomatic) By analogy, a method of lending where the interest is deducted beforehand, archetypally borrowing twelve dollars (owing twelve dollars back, a dozen) but actually receiving only eleven.
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Origin of banker-s-dozen

  • A play on the phrase baker's dozen; it is one less than a dozen as compared to one more.
    From Wiktionary