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What is cheque definition?

Updated: 8/18/2019
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12y ago

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A piece of paper giving someone some money. In the US it is spelled "check".

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12y ago
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Q: What is cheque definition?
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Related questions

Definition of cheque withdrawal form?

withdrawl form


What is definition of unpresented cheque?

A cheque which has been given to a creditor but which has not yet been received and processed by the writer's bank.


What is the definition of a cash cheque?

An open cheque or a cash cheque is one that can be taken to the bank that issued the cheque and converted to cash right away. The bank will ask proof of identity from the person cashing it to ensure that they are paying the correct person to whom the cheque was issued to


Does a post dated check comply with the definition of a check and is such a check a valid negotiable instrument?

no it does not complt with the definition of a cheque and its not a valid negotiable instrument


What is the definition of bounced in the world of banking?

A cheque is "bounced" when there is not enough money in the account on which it is drawn to pay it. If I write a $50 cheque on an account with only $40 in it, and someone tries to cash it, the bank will refuse to give them any money and will mark the cheque "NSF" for " Not Sufficient Funds".


What is the definition of the word cashed?

The word cashed means that the value of something has been turned into cash. For example, if a cheque is cashed, the cheque has been handed over and the person now has the cash value of it in money.


What is Definition of transmittal letter in legal?

if a letter carries some cheque or documents enclosed with it. Such a letter is known as transmittal letter


When does a cheque become stale in Australia?

Fifteen months from the date of issue - s3 Definition of "Value" - Cheques Act 1986


How do you check a cheque?

To check a cheque, you must check if the cheque is checked by checking the checked cheque of checking a checked cheque as a checker.


What is the definition of a Check?

A banking cheque is a paper instrument that can be used to pay money by one person to another. There are two parties involved in a cheque transaction. The payee and the drawee. The drawee is the person who issues the cheque and the payee is the one who is gonna get the cash out of it. The payee can deposit the cheque in his bank and if the drawee has enough funds in his account, the money would get credited to the payees account within 2-3 working days.


Difference between order cheque bearer cheque?

A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque


Is the correct grammar a cheque of or a cheque for?

cheque of is a right grammar!