Blank check

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Blank check

A check that is duly signed, but the amount of the check is left blank to be supplied by the drawee.

Blank Check

1. A check made payable to a certain person, organization, or to cash, and signed by the writer with the amount of the check left blank. That is, a blank check allows the payee (or anyone else) to determine the amount of the check. A blank check can be very dangerous, especially if one is made to a person the writer does not trust or if the payee does not know how much is in the writer's account. It easily can lead to (sometimes significant) overdrafts.

2. Informal for a situation or transaction requiring a great deal of trust between the parties.
References in periodicals archive ?
They can also print blank checks to fill in later manually.
Rose illicitly profited by creating a supply chain of blank check companies with the illusion that they were legitimate startups in order to register securities for sale in reverse mergers, said Eric I.
The sponsors of most blank check companies retain a greater interest in the company, and there are other aspects of the structure--such as the two-tier price between warrants and shares--that result in less dilution for shareholders.
Measure opponents said Monday that they plan to flip the tagline so that the ad now declares that it is paid for by Reynolds American and authorized by Oregonians Against the Blank Check.
Writing for the majority, Sandra Day O'Connor asserted, "A state of war is not a blank check for the President when it comes to the rights of the Nation's citizens.
Reviewing the program on CBS News Sunday Morning, John Leonard observed, "If you don't think that bloody blank check is relevant to what happens to us next, welcome to Kuwait.
25 August 2017 - Greek blank check company Stellar Acquisition III Inc.
com developers have made changes to ensure compatibility for business owners to easily print checks on blank check stock less expensively.
Although clearly holding that "a state of war is not a blank check for the president when it comes to the rights of the nation's citizens," the court upheld the power of the president to suspend habeas corpus protections through decree.
We designed an enlarged blank check to hold in front of the U.