cheque

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Check

A document in which the writer orders his/her bank to pay to the receiver of the check a stated amount of money. For example, Joe may write Andrew a check for $10. In doing so, Joe is signing a document stating that he wishes to give Andrew $10, that it is available in Joe's bank, and Andrew can receive it from there. Andrew can either go to Joe's bank, present the check, and collect $10, or he may go to his own bank to deposit the check into his own account. In that case, Andrew's bank contacts Joe's bank and collects the $10 that way. Checks can be for any amount. See also: Check hold.

cheque

a means of transferring or withdrawing money from a BANK or BUILDING SOCIETY current account. In the former case, the drawer of a cheque creates a written instruction to his bank or building society to transfer funds to some other person's or company's bank or building society account (the ‘payee’). In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves. See COMMERCIAL BANK.

cheque

a means of transferring or withdrawing money from a BANK or BUILDING SOCIETY current account. In the former case, the drawer of a cheque creates a written instruction to his or her bank or building society to transfer funds to some other person's or company's bank or building society account (the ‘payee’). In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves. Cheques may be ‘open’, in which case they may be used to draw cash, or ‘crossed’ with two parallel lines, in which case they cannot be presented for cash but must be paid into the account of the payee. See COMMERCIAL BANK.
References in classic literature ?
The trouble with the beginner at the writing game is the long, dry spells, when there is never an editor's cheque and everything pawnable is pawned.
Poe having produced those papers, his chief calculated the amount of two thousand pounds stock at the rate of the day; and asked Captain Osborne whether he would take the sum in a cheque upon the bankers, or whether he should direct the latter to purchase stock to that amount.
Give me a cheque, sir," said the Captain very surlily.
Under common industry practice, a timescale operates for clearing cheques paid into current or basic bank accounts.
The closure of the system does not mean that people will no longer be able to use cheques, but that those cheques will no longer be guaranteed.
Although intended to help, I suspect that most of us chequebook users are quite aware of most of his suggestions but find that they provide no viable alternative to the occasional use of cheques, especially the many of us who have no computers.
With an aim on comprehensive management function, which includes cheque printing, and to avoid preventable mismanagement of cheques this software is designed.
THE UK Payments Council has this week decided to phase out the use of cheques as a valid method of payment by 2018.
THEUK Payments Council has decided to phase out the use of cheques as a valid method of payment by 2018.
WHILE furious battles have raged for years about major issues such as dodgy endowment policies and hotly-disputed bank charges, the debate on the future of cheques has been amazingly brief.
Meanwhile, one Tesco superstore visited by The Grocer was running a local trial where it did not accept cheques at all.