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 classic literature ?
What checks the natural tendency of each species to increase in number is most obscure.
Climate plays an important part in determining the average numbers of a species, and periodical seasons of extreme cold or drought, I believe to be the most effective of all checks.
Many cases are on record showing how complex and unexpected are the checks and relations between organic beings, which have to struggle together in the same country.
Now and again he reached out and added a bundle of checks to the flying miscellany that soared through the roof and out of sight in a tremendous circle.
He recovered the axe in the midst of the Milky Way of checks, starched shirts, and manuscripts, and prepared, when he came down, to kill Joe.
Typically, a government check carries a life limitation printed on the front warning that it will become void after a specified number of days.
The Check Clearing for the 21st Century Act, or Check 21, lets banks transmit electronic images of a check rather than wait for the original paper check to make its way through the banking system.
To be sure, the steel bars and Plexiglas that cover the teller windows at check cashing outlets may not be pretty or genteel, especially when compared to the marbled lobbies and high ceilings of conventional banks.
In a bad economy people usually write more bad checks,'' said Mark MacKinniss, manager of the Bad Check Program.
Natoli signed the contract and delivered it, together with her personal check in the amount of the required downpayment.
Captovation Check Capture provides an interface to perform the check imaging and electronic encoding process utilizing the Panini scanner's built-in MICR reader to extract check information (routing number, account number, etc.