registered check


Check that has been issued and guaranteed by a financial institution. This type of check can only be issued if the funds necessary to cover the face value are present in the customer's banking account. Banks typically charge some sort of fee for the issuance of the check. Registered checks may also be referred to as certified checks.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
registered bond Registered Company