check

Definition

A negotiable instrument drawn against deposited funds, to pay a specified amount of money to a specific person upon demand. Examples include bills of exchange and drafts.

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Related Terms

bounced check, certified check, cashier's check, clearing, drawee, drawer, payee, float, kiting, account, raincheck, stop payment, traveler's check, cancelled check, outstanding check, special endorsement

'check ' appears in the definitions of these terms on BusinessDictionary.com
 



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