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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 ?
8 times as much to turn checks into cash at a check casher than they would at a bank offering low-cost checking accounts.
When you are at a restaurant, gas station, or other commercial establishment that does not accept personal checks, you can use your check card to have funds drafted directly out of your checking account.
We changed the banking industry by bringing Free Checking to consumers and small businesses more than a decade ago," said Kerry Killinger, chairman and CEO, Washington Mutual.
We are proud to be partnering with ClareStow to add disc checking to our line of unparalleled disc repair solutions," says Mark Chaplin, president and CEO of Disc-Go-Tech.
Bank Checking That Pays rewards customers for making non-PIN check card purchases by offering them a choice of four check card reward programs.
We are advising customers to be sure the funds in their checking accounts are available at the time the check is written as it may clear much faster after October 28th.
Create-A-Check GP greatly improves operating efficiencies for customers with any number of checking accounts while also providing protection and control against check fraud," said Piracle CEO Jared Kesler.