Check

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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.

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.
References in periodicals archive ?
Biometric checks on European nationals and checks against the Home Office database on children from the European Economic Area (EEA) "were abandoned on a regular basis, without ministerial approval", Mrs May said.
An IRA LLC is not a regular LLC; rather it is an investment vehicle compliant to the IRS code, which provides the investor the ability to write checks against self-directed IRA funds so he or she can act quickly, as well as providing the benefits mentioned above.
In order to effectively and efficiently conduct identity checks against those lists, a company should plan to use one or more automated interdict software packages as part of its OFAC compliance program.
Eviction/public record checks against all available nationwide databases covering money judgments, possession-only judgments, skips, and property damage claims as well as eviction filings.
Gramsci and his ideological fellow-travelers understood that the inertia of tradition, customs, and the accumulated wisdom of the ages provides one of the strongest checks against the perils of "blind and furious innovation," in British statesman Edmund Burke's memorable phrase.