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Check |
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Check A written, dated, and signed instrument that contains an unconditional order from the drawer that directs a bank to pay a definite sum of money to a payee. Notes: In legal terms, a check is a bill of exchange where the drawee is a bank.Check is spelled as "cheque" in some parts of the world. See also: Bounced Cheque, Cashier's Check, Checking Account, Eurocheque, Rubber Cheque, Stop Payment Check A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party. |
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