cheque

(redirected from checkbook)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to checkbook: checkbook journalism, Cheque book

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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 periodicals archive ?
GADOI is currently running the first version of Open Checkbook features spending by category to give taxpayers a more granular view of where the department spends.
M/WBE data available on Checkbook NYC today reveals that:
The roots for the open checkbook started in the 2009 when state Rep.
Kuwait Finance House (KFH) has announced the launch of a new service to its customers allowing them to request checkbooks through ATMs.
Consumers' Checkbook is expected to ask for reconsideration of the decision by the full appeals court.
The promissory notes and board minutes were created three months to three years after the payments; the accounting treatment of the loan principal and interest was inconsistent; and the number of checks written by Paulan for the petitioners was simply too small to constitute an incorporated checkbook.
But what is the impact of this single-serve fad on your checkbook and the environment?
The study found that only 36 percent of teens know how to open a savings account, and even less know how to balance a checkbook. What to do about it?
Oliveira also advocates life-skills courses in schools--practical lessons like how to buy a car, manage a checkbook, and survive off the reservation.
Many teenagers are unable to balance a checkbook and have no insight into the basic survival principles involved with earning, spending, saving and investing.
Miss Hansen didn't believe him, especially since he had her roommate's checkbook in his pocket.
Clearwater, Fla., served as the site of the Leadership Training Institute Seminar, Local Government Finance: Guarding the Public Checkbook on January 29-31, 2004.